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Somerset County, NJ · Sold

NJ-906145

4827 County Road 340

$547,000
$31,895/ac · 17.15 ac
Acreage17.15 ac
Price per acre$31,895/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedJul 3, 2024
Coordinates40.5105, -74.5917
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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
40
Moderate risk
Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area13.39 of 17.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$390,484
$333,345$447,624 · $22,769/ac on 17.15 ac
Asking vs estimate
+40.1%
Priced above the comp set

Weighted from 5 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 $547,000
Maximum allowable offer
$223,134
$13,011/ac · +30.0% target margin

You need $323,866 off asking to hit this margin.

All-in cost$242,100
Net resale$359,246
Projected profit$117,145
ROI+48.4%
Annualized+69.2%
Break-even resale$15,344/ac
Profit if resale lands off target
-20%
$45,296
-10%
$81,221
0%
$117,145
+10%
$153,070
+20%
$188,994
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-935581
Gravel · Full utilities
11.4Jul 27, 2026$468,80041,12026,8829.6 mi
78
NJ-925066
Paved · Power at road
7.8Jul 27, 2026$215,30027,42518,0124.1 mi
74
NJ-655766
Gravel · Off grid
13.0Feb 18, 2024$307,90023,62724,7393.6 mi
73
NJ-746850
Dirt · Power at road
28.6Oct 24, 2024$615,90021,55123,9793.2 mi
67
NJ-438362
Dirt · Power at road
85.5Jan 21, 2026$1,284,70015,03119,7711.7 mi
64
Show adjustment detail for the top comp
  • Tract size (11.4 ac → 17.15 ac)-4.1%
  • Access (Gravel → Landlocked)-32.0%

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.