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Somerset County, NJ · Sold

NJ-450732

1129 County Road 394

$15,500
$45,588/ac · 0.34 ac
Acreage0.34 ac
Price per acre$45,588/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMar 10, 2025
Coordinates40.4945, -74.7125
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
3
Low risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

136 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area0.31 of 0.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,533
$9,967$13,099 · $33,921/ac on 0.34 ac
Asking vs estimate
+34.4%
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 $15,500
Maximum allowable offer
$6,590
$19,383/ac · +30.0% target margin

You need $8,910 off asking to hit this margin.

All-in cost$7,150
Net resale$10,610
Projected profit$3,460
ROI+48.4%
Annualized+69.3%
Break-even resale$22,859/ac
Profit if resale lands off target
-20%
$1,338
-10%
$2,399
0%
$3,460
+10%
$4,521
+20%
$5,582
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-831001
Landlocked · Off grid
0.4Jul 27, 2026$8,70021,28438,7498.3 mi
80
NJ-270398
Landlocked · Power at road
0.3Apr 9, 2026$7,40024,57038,4537.6 mi
79
NJ-160483
Dirt · Off grid
0.3Aug 19, 2025$5,20017,19225,6914.6 mi
79
NJ-741283
Dirt · Off grid
0.5Jul 27, 2026$12,50024,52235,33612.1 mi
78
NJ-132003
Dirt · Power at road
0.8Sep 9, 2025$21,60025,44032,4257.3 mi
66
NJ-551954
Paved · Power at road
0.8Mar 24, 2024$26,70032,61332,0776.3 mi
58
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.