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Union County, NJ · Sold

NJ-280940

5989 County Road 396

$17,600
$44,000/ac · 0.40 ac
Acreage0.40 ac
Price per acre$44,000/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedSep 21, 2023
Coordinates40.6592, -74.2768
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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

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

View Union market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope3.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

66 ft of deeded road frontage.

Power9,140 ft away

A long utility run — price in solar/off-grid instead.

Buildable area0.38 of 0.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,664
$12,980$20,348 · $41,660/ac on 0.40 ac
Asking vs estimate
+5.6%
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 $17,600
Maximum allowable offer
$9,522
$23,806/ac · +30.0% target margin

You need $8,078 off asking to hit this margin.

All-in cost$10,331
Net resale$15,331
Projected profit$5,000
ROI+48.4%
Annualized+69.3%
Break-even resale$28,074/ac
Profit if resale lands off target
-20%
$1,933
-10%
$3,467
0%
$5,000
+10%
$6,533
+20%
$8,066
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-691283
Landlocked · Off grid
0.5Jul 27, 2026$12,40024,40036,0041.9 mi
85
NJ-690901
Landlocked · Power at road
0.4Oct 12, 2025$10,20026,82334,7083.8 mi
80
NJ-680740
Gravel · Full utilities
0.3Sep 26, 2024$24,80072,87054,7594.6 mi
74
NJ-341573
Landlocked · Power at road
0.6Nov 28, 2025$25,10039,79651,3593.3 mi
74
NJ-561444
Dirt · Off grid
0.6Aug 13, 2024$14,50025,50032,2095.8 mi
69
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%

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.