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Passaic County, NJ · Sold

NJ-762472

650 County Road 58

$39,000
$32,500/ac · 1.20 ac
Acreage1.20 ac
Price per acre$32,500/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJan 15, 2025
Coordinates40.9880, -74.2869
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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
52
Moderate risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope24.2%

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.

Power7,054 ft away

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

Buildable area0.71 of 1.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,946
$24,526$33,366 · $24,122/ac on 1.20 ac
Asking vs estimate
+34.7%
Priced above the comp set

Weighted from 5 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 $39,000
Maximum allowable offer
$16,541
$13,784/ac · +30.0% target margin

You need $22,459 off asking to hit this margin.

All-in cost$17,947
Net resale$26,630
Projected profit$8,683
ROI+48.4%
Annualized+69.2%
Break-even resale$16,256/ac
Profit if resale lands off target
-20%
$3,357
-10%
$6,020
0%
$8,683
+10%
$11,346
+20%
$14,009
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-452666
Gravel · Power at road
1.4May 11, 2026$66,60048,25528,2538.4 mi
79
NJ-642171
Gravel · Power at road
1.0Jun 2, 2025$28,40029,56517,9091.7 mi
75
NJ-782112
Landlocked · Full utilities
0.9Feb 7, 2025$28,90031,44923,2433.4 mi
75
NJ-530927
Landlocked · Power at road
0.4Apr 23, 2026$12,30031,59426,9815.0 mi
70
NJ-773247
Gravel · Full utilities
2.1May 3, 2024$97,10046,25024,2378.3 mi
61
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.1%

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.