NJ-169529
5503 County Road 397
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.
Somerset County, New Jersey. Pinelands restrictions keep supply extremely tight.
View Somerset market data →Step 1 · Is this a deal?
No material red flags on the mapped layers.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
1,357 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $1,437,720 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NJ-359641 Dirt · Full utilities | 215.9 | Jul 27, 2026 | $3,211,600 | 14,877 | 17,153 | 4.2 mi | 86 |
| NJ-379793 Dirt · Power at road | 241.0 | Jul 19, 2025 | $5,009,100 | 20,784 | 31,453 | 1.8 mi | 79 |
| NJ-438362 Dirt · Power at road | 85.5 | Jan 21, 2026 | $1,284,700 | 15,031 | 16,958 | 6.1 mi | 69 |
| NJ-746850 Dirt · Power at road | 28.6 | Oct 24, 2024 | $615,900 | 21,551 | 20,567 | 9.4 mi | 56 |
| NJ-906145 Landlocked · Full utilities | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 29,662 | 6.5 mi | 53 |
Show adjustment detail for the top comp
- Tract size (215.88 ac → 199.06 ac)+2.3%
- Access (Dirt → Paved)+37.2%
- 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.