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Somerset County, NJ · Sold

NJ-925066

2607 County Road 341

$203,100
$25,873/ac · 7.85 ac
Acreage7.85 ac
Price per acre$25,873/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyWooded
ListedApr 13, 2026
Coordinates40.5436, -74.6554
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

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

View Somerset market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

445 ft of deeded road frontage.

Power99 ft away

Power at or near the road.

Buildable area6.76 of 7.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$327,501
$261,317$393,684 · $41,720/ac on 7.85 ac
Asking vs estimate
-38.0%
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 $203,100
Maximum allowable offer
$187,143
$23,840/ac · +30.0% target margin

You need $15,957 off asking to hit this margin.

All-in cost$203,050
Net resale$301,301
Projected profit$98,251
ROI+48.4%
Annualized+69.3%
Break-even resale$28,116/ac
Profit if resale lands off target
-20%
$37,990
-10%
$68,120
0%
$98,251
+10%
$128,381
+20%
$158,511
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-935581
Gravel · Full utilities
11.4Jul 27, 2026$468,80041,12041,0209.6 mi
81
NJ-843580
Landlocked · Power at road
2.7Jul 27, 2026$64,40024,03939,8872.8 mi
74
NJ-502937
Paved · Full utilities
1.7Jul 27, 2026$91,50054,45442,2565.4 mi
73
NJ-906145
Landlocked · Full utilities
17.1Aug 19, 2025$569,40033,20352,7734.1 mi
67
NJ-173194
Gravel · Power at road
2.0Feb 4, 2026$48,10023,79327,2014.2 mi
66
NJ-655766
Gravel · Off grid
13.0Feb 18, 2024$307,90023,62737,7517.4 mi
63
NJ-312743
Dirt · Power at road
1.5Oct 12, 2025$61,80042,31256,6554.8 mi
61
NJ-746850
Dirt · Power at road
28.6Oct 24, 2024$615,90021,55136,5916.7 mi
58
Show adjustment detail for the top comp
  • Tract size (11.4 ac → 7.85 ac)+2.9%
  • Access (Gravel → Paved)+18.0%
  • 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.