← New search
Sussex County, NJ · Sold

NJ-408794

3484 County Road 202

$1,950,700
$16,690/ac · 117 ac
Acreage117 ac
Price per acre$16,690/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedJan 6, 2024
Coordinates41.1837, -74.7909
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

964 ft of deeded road frontage.

Power128 ft away

Power at or near the road.

Buildable area100.27 of 116.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,636,455
$2,104,732$3,168,178 · $22,557/ac on 117 ac
Asking vs estimate
-26.0%
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 $1,950,700
Maximum allowable offer
$1,506,546
$12,890/ac · +30.0% target margin

You need $444,154 off asking to hit this margin.

All-in cost$1,634,602
Net resale$2,425,538
Projected profit$790,936
ROI+48.4%
Annualized+69.2%
Break-even resale$15,201/ac
Profit if resale lands off target
-20%
$305,828
-10%
$548,382
0%
$790,936
+10%
$1,033,490
+20%
$1,276,044
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-769394
Dirt · Power at road
180.5Jul 27, 2026$2,027,40011,23117,3304.4 mi
85
NJ-748820
Gravel · Full utilities
119.1Jul 4, 2026$2,813,80023,62523,0726.5 mi
84
NJ-188236
Gravel · Full utilities
78.0Jun 28, 2026$1,999,60025,62922,5929.1 mi
76
NJ-387385
Paved · Full utilities
42.1Jun 14, 2026$1,383,00032,83521,5886.7 mi
71
NJ-839259
Gravel · Full utilities
163.7Feb 23, 2025$3,973,90024,27727,2443.0 mi
71
NJ-678255
Dirt · Full utilities
79.1Feb 26, 2025$1,585,90020,04921,7659.9 mi
70
NJ-967939
Gravel · Power at road
62.9May 12, 2025$755,30012,00612,8844.7 mi
69
NJ-907339
Landlocked · Power at road
40.7Feb 5, 2026$726,90017,84325,0475.5 mi
68
NJ-937466
Gravel · Power at road
44.7Apr 25, 2026$1,385,30031,01829,85612.3 mi
67
NJ-427074
Gravel · Power at road
33.6Jan 15, 2026$931,20027,69825,6176.1 mi
65
Show adjustment detail for the top comp
  • Tract size (180.51 ac → 116.88 ac)+12.2%
  • Access (Dirt → Paved)+37.2%

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.