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Salem County, NJ · Sold

NJ-715934

5192 County Road 48

$523,200
$35,543/ac · 14.72 ac
Acreage14.72 ac
Price per acre$35,543/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedDec 21, 2025
Coordinates39.5387, -75.3853
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

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
7
Low risk
Wetlands8.1% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

723 ft of deeded road frontage.

Power73 ft away

Power at or near the road.

Buildable area12.85 of 14.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$430,475
$346,578$514,371 · $29,244/ac on 14.72 ac
Asking vs estimate
+21.5%
Priced above the comp set

Weighted from 8 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 $523,200
Maximum allowable offer
$245,986
$16,711/ac · +30.0% target margin

You need $277,214 off asking to hit this margin.

All-in cost$266,895
Net resale$396,037
Projected profit$129,142
ROI+48.4%
Annualized+69.2%
Break-even resale$19,708/ac
Profit if resale lands off target
-20%
$49,935
-10%
$89,538
0%
$129,142
+10%
$168,746
+20%
$208,349
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-695788
Dirt · Full utilities
13.2Jul 27, 2026$367,20027,73830,9295.1 mi
88
NJ-566066
Gravel · Power at road
16.2Jan 5, 2026$506,20031,24838,2124.2 mi
82
NJ-406631
Paved · Power at road
24.4Jan 5, 2026$657,10026,94229,4173.8 mi
78
NJ-976688
Landlocked · Off grid
25.4Jul 27, 2026$384,00015,10833,1074.1 mi
77
NJ-555373
Dirt · Off grid
9.8Jun 12, 2025$108,90011,11218,1353.6 mi
76
NJ-894649
Gravel · Full utilities
5.8Mar 16, 2025$160,40027,65826,3962.5 mi
64
NJ-494569
Landlocked · Off grid
5.5Jun 12, 2025$68,90012,57025,0074.1 mi
63
NJ-557549
Dirt · Power at road
47.4May 25, 2024$818,40017,25530,8615.7 mi
63
Show adjustment detail for the top comp
  • Tract size (13.24 ac → 14.72 ac)-1.1%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Power at road)-18.0%

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.