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Passaic County, NJ · Sold

NJ-452666

4932 County Road 118

$63,300
$45,870/ac · 1.38 ac
Acreage1.38 ac
Price per acre$45,870/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedOct 7, 2025
Coordinates41.0975, -74.2169
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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands7.4% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

236 ft of deeded road frontage.

Power34 ft away

Power at or near the road.

Buildable area1.21 of 1.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$57,575
$47,590$67,561 · $41,721/ac on 1.38 ac
Asking vs estimate
+9.9%
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 $63,300
Maximum allowable offer
$32,900
$23,841/ac · +30.0% target margin

You need $30,400 off asking to hit this margin.

All-in cost$35,697
Net resale$52,969
Projected profit$17,273
ROI+48.4%
Annualized+69.3%
Break-even resale$28,116/ac
Profit if resale lands off target
-20%
$6,679
-10%
$11,976
0%
$17,273
+10%
$22,570
+20%
$27,867
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-773247
Gravel · Full utilities
2.1May 3, 2024$97,10046,25041,8531.6 mi
75
NJ-762472
Landlocked · Off grid
1.2Oct 19, 2025$35,90029,90053,4198.4 mi
75
NJ-642171
Gravel · Power at road
1.0Jun 2, 2025$28,40029,56530,9268.0 mi
74
NJ-782112
Landlocked · Full utilities
0.9Feb 7, 2025$28,90031,44940,1377.8 mi
72
NJ-214231
Gravel · Full utilities
4.3May 3, 2026$211,90049,38542,1438.2 mi
68
Show adjustment detail for the top comp
  • Tract size (2.1 ac → 1.38 ac)+0.7%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (27 mo)+9.6%

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.