Salem County, NJ · Sold

NJ-543447

2921 County Road 170

$89,000

$36,626/ac · 2.43 ac

Offer report Market this tract

Acreage2.43 ac

Price per acre$36,626/ac

ZoningResidential

Road accessPaved

UtilitiesFull utilities

TopographyWooded

ListedDec 2, 2024

Coordinates39.6018, -75.2986

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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

Low risk

Wetlands13.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

372 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.99 of 2.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$102,189

$78,864 – $125,515 · $42,053/ac on 2.43 ac

Asking vs estimate

-12.9%

Priced below 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 $89,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$58,394

$24,030/ac · +30.0% target margin

You need $30,606 off asking to hit this margin.

All-in cost$63,357

Net resale$94,014

Projected profit$30,657

ROI+48.4%

Annualized+69.2%

Break-even resale$28,340/ac

Profit if resale lands off target

-20%

$11,854

-10%

$21,255

$30,657

+10%

$40,058

+20%

$49,460

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-993680 Dirt · Full utilities	2.9	Feb 17, 2025	$68,100	23,661	34,652	5.9 mi	74
NJ-882985 Gravel · Off grid	1.7	Nov 18, 2024	$56,600	32,507	58,676	5.4 mi	73
NJ-724035 Paved · Full utilities	3.7	Jul 3, 2025	$168,300	45,245	47,965	9.5 mi	72
NJ-253952 Dirt · Off grid	3.5	Jul 6, 2024	$51,200	14,620	31,672	4.7 mi	67
NJ-894649 Gravel · Full utilities	5.8	Mar 16, 2025	$160,400	27,658	35,691	4.0 mi	66
NJ-582125 Gravel · Off grid	0.9	May 29, 2025	$20,800	22,352	39,190	3.1 mi	64
NJ-494569 Landlocked · Off grid	5.5	Jun 12, 2025	$68,900	12,570	33,812	8.5 mi	62
NJ-352247 Paved · Off grid	1.0	Jan 25, 2025	$36,300	35,615	53,686	9.3 mi	62

Show adjustment detail for the top comp

Access (Dirt → Paved)+37.2%
Market time (18 mo)+6.3%

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