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Salem County, NJ · Sold

NJ-828119

765 County Road 20

$1,421,200
$19,827/ac · 71.68 ac
Acreage71.68 ac
Price per acre$19,827/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 1, 2024
Coordinates39.6095, -75.3836
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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

3 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands32.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,916 ft of deeded road frontage.

Power166 ft away

Power at or near the road.

Buildable area45.90 of 71.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,311,214
$1,078,042$1,544,387 · $18,293/ac on 71.68 ac
Asking vs estimate
+8.4%
Priced above 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 $1,421,200
Maximum allowable offer
$749,265
$10,453/ac · +30.0% target margin

You need $671,935 off asking to hit this margin.

All-in cost$812,953
Net resale$1,206,317
Projected profit$393,365
ROI+48.4%
Annualized+69.2%
Break-even resale$12,328/ac
Profit if resale lands off target
-20%
$152,101
-10%
$272,733
0%
$393,365
+10%
$513,996
+20%
$634,628
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-757985
Gravel · Full utilities
65.0Jan 29, 2025$937,60014,41512,3133.3 mi
78
NJ-327771
Dirt · Power at road
55.7Aug 24, 2025$912,60016,38318,7768.1 mi
74
NJ-976688
Landlocked · Off grid
25.4Jul 27, 2026$384,00015,10821,5722.0 mi
73
NJ-557549
Dirt · Power at road
47.4May 25, 2024$818,40017,25520,1087.6 mi
71
NJ-406631
Paved · Power at road
24.4Jan 5, 2026$657,10026,94219,1681.4 mi
70
Show adjustment detail for the top comp
  • Tract size (65.04 ac → 71.68 ac)-2.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (19 mo)+6.5%

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.