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Salem County, NJ · Sold

NJ-410164

8757 County Road 304

$6,400
$21,333/ac · 0.30 ac
Acreage0.30 ac
Price per acre$21,333/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedSep 16, 2024
Coordinates39.5184, -75.2738
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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands29.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power242 ft away

Power at or near the road.

Buildable area0.20 of 0.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,565
$7,186$9,943 · $28,549/ac on 0.30 ac
Asking vs estimate
-25.3%
Priced below 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 $6,400
Maximum allowable offer
$4,894
$16,314/ac · +30.0% target margin

You need $1,506 off asking to hit this margin.

All-in cost$5,310
Net resale$7,879
Projected profit$2,569
ROI+48.4%
Annualized+69.3%
Break-even resale$19,239/ac
Profit if resale lands off target
-20%
$994
-10%
$1,782
0%
$2,569
+10%
$3,357
+20%
$4,145
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-630517
Gravel · Full utilities
0.3Jul 27, 2026$14,00046,81333,0722.2 mi
88
NJ-831521
Gravel · Power at road
0.6Aug 24, 2025$14,80024,62422,1150.8 mi
72
NJ-111676
Dirt · Full utilities
0.7Apr 28, 2026$24,50036,52330,43210.3 mi
70
NJ-582125
Gravel · Off grid
0.9May 29, 2025$20,80022,35223,9264.3 mi
66
NJ-352247
Paved · Off grid
1.0Jan 25, 2025$36,30035,61532,7778.7 mi
56
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • 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.