Salem County, NJ · Sold

NJ-894649

7945 County Road 288

$186,100

$32,086/ac · 5.80 ac

Offer report Market this tract

Acreage5.80 ac

Price per acre$32,086/ac

ZoningUnzoned

Road accessGravel

UtilitiesFull utilities

TopographyWooded

ListedSep 22, 2024

Coordinates39.5697, -75.3606

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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

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

View Salem market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands6.9% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

199 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area5.13 of 5.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$191,222

$144,168 – $238,276 · $32,969/ac on 5.80 ac

Asking vs estimate

-2.7%

In line with the comp set

Weighted from 10 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 $186,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$109,270

$18,840/ac · +30.0% target margin

You need $76,830 off asking to hit this margin.

All-in cost$118,558

Net resale$175,924

Projected profit$57,366

ROI+48.4%

Annualized+69.2%

Break-even resale$22,219/ac

Profit if resale lands off target

-20%

$22,181

-10%

$39,774

$57,366

+10%

$74,959

+20%

$92,551

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-494569 Landlocked · Off grid	5.5	Jun 12, 2025	$68,900	12,570	27,762	4.9 mi	81
NJ-695788 Dirt · Full utilities	13.2	Jul 27, 2026	$367,200	27,738	34,338	5.2 mi	75
NJ-715934 Paved · Power at road	14.7	Jul 27, 2026	$504,900	34,299	38,163	2.5 mi	73
NJ-993680 Dirt · Full utilities	2.9	Feb 17, 2025	$68,100	23,661	28,452	2.4 mi	73
NJ-724035 Paved · Full utilities	3.7	Jul 3, 2025	$168,300	45,245	39,383	5.6 mi	71
NJ-543447 Paved · Full utilities	2.4	Jan 1, 2026	$77,100	31,718	26,720	4.0 mi	71
NJ-555373 Dirt · Off grid	9.8	Jun 12, 2025	$108,900	11,112	20,133	3.5 mi	69
NJ-566066 Gravel · Power at road	16.2	Jan 5, 2026	$506,200	31,248	42,423	5.2 mi	68
NJ-253952 Dirt · Off grid	3.5	Jul 6, 2024	$51,200	14,620	26,005	2.7 mi	66
NJ-882985 Gravel · Off grid	1.7	Nov 18, 2024	$56,600	32,507	48,177	1.8 mi	63

Show adjustment detail for the top comp

Access (Landlocked → Gravel)+47.1%
Utilities (Off grid → Full utilities)+43.5%
Market time (14 mo)+4.9%

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.

Build the listing kit Post a deal or JV