Passaic County, NJ · Sold

NJ-149131

5353 County Road 79

$3,751,200

$25,142/ac · 149 ac

Offer report Market this tract

Acreage149 ac

Price per acre$25,142/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedDec 11, 2024

Coordinates41.0380, -74.2471

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands8.0% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power183 ft away

Power at or near the road.

Buildable area130.40 of 149.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,875,820

$2,265,589 – $3,486,050 · $19,275/ac on 149 ac

Asking vs estimate

+30.4%

Priced above the comp set

Weighted from 7 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 $3,751,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,643,326

$11,014/ac · +30.0% target margin

You need $2,107,874 off asking to hit this margin.

All-in cost$1,783,009

Net resale$2,645,754

Projected profit$862,746

ROI+48.4%

Annualized+69.2%

Break-even resale$12,990/ac

Profit if resale lands off target

-20%

$333,595

-10%

$598,170

$862,746

+10%

$1,127,321

+20%

$1,391,896

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-139083 Landlocked · Off grid	144.1	Jul 27, 2026	$1,717,900	11,922	17,614	6.3 mi	89
NJ-409385 Dirt · Off grid	179.3	Jun 1, 2026	$3,065,700	17,095	21,320	2.4 mi	85
NJ-828728 Dirt · Full utilities	111.4	Aug 31, 2025	$2,646,700	23,755	18,776	2.4 mi	78
NJ-719259 Dirt · Power at road	163.7	Jul 31, 2024	$3,993,600	24,398	27,158	4.5 mi	77
NJ-398441 Gravel · Power at road	90.5	Jun 23, 2026	$1,978,600	21,860	16,659	6.9 mi	77
NJ-777547 Dirt · Off grid	47.4	Aug 29, 2025	$1,006,100	21,244	19,874	1.1 mi	68
NJ-217431 Dirt · Power at road	43.5	Aug 10, 2024	$657,900	15,111	12,325	3.2 mi	63

Show adjustment detail for the top comp

Tract size (144.1 ac → 149.2 ac)-0.9%
Access (Landlocked → Dirt)+26.5%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV