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Somerset County, NJ · Sold

NJ-312743

8805 County Road 42

$58,500
$40,068/ac · 1.46 ac
Acreage1.46 ac
Price per acre$40,068/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedJan 22, 2025
Coordinates40.5626, -74.5682
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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands12.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power143 ft away

Power at or near the road.

Buildable area1.21 of 1.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$40,405
$34,785$46,026 · $27,675/ac on 1.46 ac
Asking vs estimate
+44.8%
Priced above 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 $58,500
Maximum allowable offer
$23,089
$15,814/ac · +30.0% target margin

You need $35,411 off asking to hit this margin.

All-in cost$25,052
Net resale$37,173
Projected profit$12,121
ROI+48.4%
Annualized+69.2%
Break-even resale$18,651/ac
Profit if resale lands off target
-20%
$4,687
-10%
$8,404
0%
$12,121
+10%
$15,839
+20%
$19,556
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-502937
Paved · Full utilities
1.7Jul 27, 2026$91,50054,45432,6753.7 mi
84
NJ-173194
Gravel · Power at road
2.0Feb 4, 2026$48,10023,79321,0344.7 mi
78
NJ-843580
Landlocked · Power at road
2.7Jul 27, 2026$64,40024,03930,8437.6 mi
76
NJ-132003
Dirt · Power at road
0.8Sep 9, 2025$21,60025,44026,2715.3 mi
75
NJ-741283
Dirt · Off grid
0.5Jul 27, 2026$12,50024,52228,6313.7 mi
74
NJ-551954
Paved · Power at road
0.8Mar 24, 2024$26,70032,61325,9904.0 mi
66
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • 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.