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Union County, NJ · Sold

NJ-169986

1943 County Road 279

$5,533,100
$19,963/ac · 277 ac
Acreage277 ac
Price per acre$19,963/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMay 28, 2025
Coordinates40.7310, -74.3817
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

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

View Union market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands15.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,352 ft of deeded road frontage.

Power13,886 ft away

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

Buildable area223.81 of 277.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,587,321
$3,527,041$5,647,601 · $16,551/ac on 277 ac
Asking vs estimate
+20.6%
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 $5,533,100
Maximum allowable offer
$2,621,327
$9,457/ac · +30.0% target margin

You need $2,911,773 off asking to hit this margin.

All-in cost$2,844,140
Net resale$4,220,336
Projected profit$1,376,196
ROI+48.4%
Annualized+69.2%
Break-even resale$11,154/ac
Profit if resale lands off target
-20%
$532,129
-10%
$954,162
0%
$1,376,196
+10%
$1,798,230
+20%
$2,220,263
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-219965
Dirt · Power at road
273.0Jul 27, 2026$4,402,80016,12813,6795.3 mi
93
NJ-199265
Dirt · Full utilities
164.4Oct 14, 2025$5,367,30032,64620,33810.6 mi
74
NJ-659635
Dirt · Power at road
214.9Mar 25, 2025$5,905,50027,47522,99311.5 mi
70
NJ-497869
Landlocked · Power at road
59.8Jul 27, 2026$1,115,60018,65613,56011.4 mi
68
NJ-997619
Landlocked · Off grid
49.9Dec 10, 2024$772,80015,48713,6288.5 mi
54
NJ-518348
Gravel · Full utilities
84.6Apr 29, 2024$2,564,90030,31414,5289.5 mi
54
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%

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.