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Passaic County, NJ · Sold

NJ-256414

5172 County Road 247

$423,500
$20,322/ac · 20.84 ac
Acreage20.84 ac
Price per acre$20,322/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedAug 22, 2024
Coordinates41.0733, -74.2361
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Passaic County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Passaic market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
60
High risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope31.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,186 ft away

A long utility run — price in solar/off-grid instead.

Buildable area11.80 of 20.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$432,562
$337,182$527,943 · $20,756/ac on 20.84 ac
Asking vs estimate
-2.1%
In line with the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $423,500
Maximum allowable offer
$247,179
$11,861/ac · +30.0% target margin

You need $176,321 off asking to hit this margin.

All-in cost$268,189
Net resale$397,957
Projected profit$129,768
ROI+48.4%
Annualized+69.2%
Break-even resale$13,988/ac
Profit if resale lands off target
-20%
$50,177
-10%
$89,972
0%
$129,768
+10%
$169,564
+20%
$209,360
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-426311
Landlocked · Off grid
19.3Mar 3, 2025$352,40018,22119,1495.3 mi
79
NJ-935577
Landlocked · Power at road
11.4Jul 27, 2026$373,20032,82626,1798.1 mi
77
NJ-855297
Dirt · Power at road
9.3Jun 30, 2026$382,80041,24925,6627.5 mi
71
NJ-777547
Dirt · Off grid
47.4Aug 29, 2025$1,006,10021,24419,9892.2 mi
70
NJ-217431
Dirt · Power at road
43.5Aug 10, 2024$657,90015,11112,3970.9 mi
69
NJ-157340
Dirt · Off grid
40.8Jun 30, 2024$880,60021,59920,6819.5 mi
67
Show adjustment detail for the top comp
  • Tract size (19.34 ac → 20.84 ac)-1.0%
  • Market time (17 mo)+6.1%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.