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Somerset County, NJ · Sold

NJ-359641

6498 County Road 46

$3,832,400
$17,752/ac · 216 ac
Acreage216 ac
Price per acre$17,752/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedJan 9, 2026
Coordinates40.5048, -74.6503
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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,862 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area183.96 of 215.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,023,694
$2,897,060$5,150,328 · $18,639/ac on 216 ac
Asking vs estimate
-4.8%
In line with the comp set

Weighted from 4 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 $3,832,400
Maximum allowable offer
$2,299,254
$10,651/ac · +30.0% target margin

You need $1,533,146 off asking to hit this margin.

All-in cost$2,494,691
Net resale$3,701,798
Projected profit$1,207,108
ROI+48.4%
Annualized+69.2%
Break-even resale$12,561/ac
Profit if resale lands off target
-20%
$466,748
-10%
$836,928
0%
$1,207,108
+10%
$1,577,288
+20%
$1,947,468
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-169529
Paved · Power at road
199.1Jul 27, 2026$3,333,80016,74814,5904.2 mi
86
NJ-379793
Dirt · Power at road
241.0Jul 19, 2025$5,009,10020,78427,3395.6 mi
78
NJ-438362
Dirt · Power at road
85.5Jan 21, 2026$1,284,70015,03114,7403.8 mi
75
NJ-746850
Dirt · Power at road
28.6Oct 24, 2024$615,90021,55117,8776.3 mi
54
Show adjustment detail for the top comp
  • Tract size (199.06 ac → 215.88 ac)-2.2%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Full utilities)+22.0%

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.