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Somerset County, NJ · Sold

NJ-270398

7500 County Road 243

$7,000
$23,333/ac · 0.30 ac
Acreage0.30 ac
Price per acre$23,333/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedAug 21, 2025
Coordinates40.6040, -74.6975
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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

Somerset County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Somerset market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
62
High risk
Wetlands36.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

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.

Power21 ft away

Power at or near the road.

Buildable area0.18 of 0.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,938
$5,583$8,294 · $23,127/ac on 0.30 ac
Asking vs estimate
+0.9%
In line with the comp set

Weighted from 6 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 $7,000
Maximum allowable offer
$3,965
$13,216/ac · +30.0% target margin

You need $3,035 off asking to hit this margin.

All-in cost$4,302
Net resale$6,383
Projected profit$2,081
ROI+48.4%
Annualized+69.2%
Break-even resale$15,587/ac
Profit if resale lands off target
-20%
$804
-10%
$1,443
0%
$2,081
+10%
$2,719
+20%
$3,358
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-831001
Landlocked · Off grid
0.4Jul 27, 2026$8,70021,28425,1256.5 mi
82
NJ-450732
Dirt · Full utilities
0.3Apr 18, 2026$15,90046,91030,8347.6 mi
79
NJ-160483
Dirt · Off grid
0.3Aug 19, 2025$5,20017,19216,6588.7 mi
76
NJ-741283
Dirt · Off grid
0.5Jul 27, 2026$12,50024,52222,9128.0 mi
75
NJ-132003
Dirt · Power at road
0.8Sep 9, 2025$21,60025,44021,02410.4 mi
62
NJ-551954
Paved · Power at road
0.8Mar 24, 2024$26,70032,61320,7998.6 mi
58
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%

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.