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Passaic County, NJ · Sold

NJ-719259

735 County Road 22

$4,013,700
$24,520/ac · 164 ac
Acreage164 ac
Price per acre$24,520/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMay 12, 2024
Coordinates40.9749, -74.2289
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,663 ft of deeded road frontage.

Power173 ft away

Power at or near the road.

Buildable area134.05 of 163.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,246,053
$2,680,234$3,811,872 · $19,830/ac on 164 ac
Asking vs estimate
+23.6%
Priced above 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 $4,013,700
Maximum allowable offer
$1,854,887
$11,332/ac · +30.0% target margin

You need $2,158,813 off asking to hit this margin.

All-in cost$2,012,552
Net resale$2,986,369
Projected profit$973,816
ROI+48.4%
Annualized+69.2%
Break-even resale$13,364/ac
Profit if resale lands off target
-20%
$376,543
-10%
$675,179
0%
$973,816
+10%
$1,272,453
+20%
$1,571,090
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-409385
Dirt · Off grid
179.3Jun 1, 2026$3,065,70017,09520,7966.6 mi
84
NJ-149131
Dirt · Power at road
149.2Sep 27, 2025$3,931,30026,34926,6554.5 mi
82
NJ-139083
Landlocked · Off grid
144.1Jul 27, 2026$1,717,90011,92217,1818.4 mi
82
NJ-828728
Dirt · Full utilities
111.4Aug 31, 2025$2,646,70023,75518,3142.7 mi
81
NJ-398441
Gravel · Power at road
90.5Jun 23, 2026$1,978,60021,86016,2505.7 mi
76
NJ-777547
Dirt · Off grid
47.4Aug 29, 2025$1,006,10021,24419,3864.7 mi
69
Show adjustment detail for the top comp
  • Tract size (179.34 ac → 163.69 ac)+2.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.9%

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.