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Salem County, NJ · Sold

NJ-494569

8061 County Road 222

$83,900
$15,310/ac · 5.48 ac
Acreage5.48 ac
Price per acre$15,310/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedOct 29, 2024
Coordinates39.5689, -75.4525
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

5 items to verify before you offer.

Risk index
76
High risk
Wetlands45.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,374 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.86 of 5.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$86,489
$65,533$107,444 · $15,783/ac on 5.48 ac
Asking vs estimate
-3.0%
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 $83,900
Maximum allowable offer
$49,422
$9,019/ac · +30.0% target margin

You need $34,478 off asking to hit this margin.

All-in cost$53,623
Net resale$79,570
Projected profit$25,947
ROI+48.4%
Annualized+69.3%
Break-even resale$10,636/ac
Profit if resale lands off target
-20%
$10,033
-10%
$17,990
0%
$25,947
+10%
$33,904
+20%
$41,861
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-894649
Gravel · Full utilities
5.8Mar 16, 2025$160,40027,65813,9244.9 mi
80
NJ-724035
Paved · Full utilities
3.7Jul 3, 2025$168,30045,24518,7122.0 mi
73
NJ-715934
Paved · Power at road
14.7Jul 27, 2026$504,90034,29918,1324.1 mi
72
NJ-695788
Dirt · Full utilities
13.2Jul 27, 2026$367,20027,73816,3159.2 mi
70
NJ-993680
Dirt · Full utilities
2.9Feb 17, 2025$68,10023,66113,5185.0 mi
70
NJ-566066
Gravel · Power at road
16.2Jan 5, 2026$506,20031,24820,1560.5 mi
68
NJ-555373
Dirt · Off grid
9.8Jun 12, 2025$108,90011,1129,5667.6 mi
68
NJ-253952
Dirt · Off grid
3.5Jul 6, 2024$51,20014,62012,3566.8 mi
67
NJ-543447
Paved · Full utilities
2.4Jan 1, 2026$77,10031,71812,6968.5 mi
66
NJ-882985
Gravel · Off grid
1.7Nov 18, 2024$56,60032,50722,8913.1 mi
62
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (17 mo)+6.0%

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.