Sussex County, NJ · Sold

NJ-967939

4426 County Road 240

$906,700

$14,413/ac · 62.91 ac

Offer report Market this tract

Acreage62.91 ac

Price per acre$14,413/ac

ZoningUnzoned

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedJun 15, 2024

Coordinates41.1732, -74.7023

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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

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

View Sussex market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope10.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,067 ft of deeded road frontage.

Power109 ft away

Power at or near the road.

Buildable area57.61 of 62.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,422,864

$1,172,847 – $1,672,880 · $22,617/ac on 62.91 ac

Asking vs estimate

-36.3%

Priced below the comp set

Weighted from 10 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 $906,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$813,065

$12,924/ac · +30.0% target margin

You need $93,635 off asking to hit this margin.

All-in cost$882,176

Net resale$1,309,035

Projected profit$426,859

ROI+48.4%

Annualized+69.2%

Break-even resale$15,242/ac

Profit if resale lands off target

-20%

$165,052

-10%

$295,956

$426,859

+10%

$557,763

+20%

$688,666

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-907339 Landlocked · Power at road	40.7	Feb 5, 2026	$726,900	17,843	24,577	0.9 mi	83
NJ-748820 Gravel · Full utilities	119.1	Jul 4, 2026	$2,813,800	23,625	22,639	4.3 mi	83
NJ-188236 Gravel · Full utilities	78.0	Jun 28, 2026	$1,999,600	25,629	22,168	8.7 mi	82
NJ-937466 Gravel · Power at road	44.7	Apr 25, 2026	$1,385,300	31,018	29,296	8.6 mi	80
NJ-427074 Gravel · Power at road	33.6	Jan 15, 2026	$931,200	27,698	25,136	2.5 mi	77
NJ-387385 Paved · Full utilities	42.1	Jun 14, 2026	$1,383,000	32,835	21,183	6.0 mi	77
NJ-769394 Dirt · Power at road	180.5	Jul 27, 2026	$2,027,400	11,231	17,004	1.3 mi	75
NJ-678255 Dirt · Full utilities	79.1	Feb 26, 2025	$1,585,900	20,049	21,356	5.6 mi	71
NJ-408794 Paved · Power at road	116.9	Feb 19, 2024	$1,605,400	13,736	14,887	4.7 mi	64
NJ-839259 Gravel · Full utilities	163.7	Feb 23, 2025	$3,973,900	24,277	26,732	4.9 mi	64

Show adjustment detail for the top comp

Tract size (40.74 ac → 62.91 ac)-8.4%
Access (Landlocked → Gravel)+47.1%
Market time (6 mo)+2.2%

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.

Build the listing kit Post a deal or JV