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Sussex County, NJ · Sold

NJ-839259

3724 County Road 90

$3,962,000
$24,204/ac · 164 ac
Acreage164 ac
Price per acre$24,204/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedMay 30, 2024
Coordinates41.1406, -74.7864
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

Sussex County, New Jersey. Pinelands restrictions keep supply extremely tight.

View Sussex market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands16.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,199 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area129.85 of 163.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,941,615
$2,345,497$3,537,733 · $17,971/ac on 164 ac
Asking vs estimate
+34.7%
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 $3,962,000
Maximum allowable offer
$1,680,923
$10,269/ac · +30.0% target margin

You need $2,281,077 off asking to hit this margin.

All-in cost$1,823,801
Net resale$2,706,286
Projected profit$882,484
ROI+48.4%
Annualized+69.2%
Break-even resale$12,111/ac
Profit if resale lands off target
-20%
$341,227
-10%
$611,856
0%
$882,484
+10%
$1,153,113
+20%
$1,423,742
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-748820
Gravel · Full utilities
119.1Jul 4, 2026$2,813,80023,62521,8334.3 mi
85
NJ-769394
Dirt · Power at road
180.5Jul 27, 2026$2,027,40011,23116,3995.4 mi
84
NJ-188236
Gravel · Full utilities
78.0Jun 28, 2026$1,999,60025,62921,3796.1 mi
77
NJ-408794
Paved · Power at road
116.9Feb 19, 2024$1,605,40013,73614,3573.0 mi
68
NJ-967939
Gravel · Power at road
62.9May 12, 2025$755,30012,00612,1924.9 mi
65
NJ-678255
Dirt · Full utilities
79.1Feb 26, 2025$1,585,90020,04920,59610.5 mi
63
Show adjustment detail for the top comp
  • Tract size (119.1 ac → 163.69 ac)-8.0%
  • Market time (1 mo)+0.5%

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.