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Union County, NJ · Sold

NJ-690901

354 County Road 389

$11,300
$29,737/ac · 0.38 ac
Acreage0.38 ac
Price per acre$29,737/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedApr 3, 2025
Coordinates40.6181, -74.3257
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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

4 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4 ft away

Power at or near the road.

Buildable area0.29 of 0.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,160
$10,547$15,773 · $34,631/ac on 0.38 ac
Asking vs estimate
-14.1%
Priced below 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 $11,300
Maximum allowable offer
$7,520
$19,789/ac · +30.0% target margin

You need $3,780 off asking to hit this margin.

All-in cost$8,159
Net resale$12,107
Projected profit$3,948
ROI+48.4%
Annualized+69.2%
Break-even resale$23,339/ac
Profit if resale lands off target
-20%
$1,527
-10%
$2,737
0%
$3,948
+10%
$5,159
+20%
$6,369
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-691283
Landlocked · Off grid
0.5Jul 27, 2026$12,40024,40028,8092.0 mi
85
NJ-341573
Landlocked · Power at road
0.6Nov 28, 2025$25,10039,79641,0966.7 mi
76
NJ-680740
Gravel · Full utilities
0.3Sep 26, 2024$24,80072,87043,8160.9 mi
75
NJ-280940
Gravel · Off grid
0.4Dec 24, 2023$15,10037,66433,4873.8 mi
73
NJ-561444
Dirt · Off grid
0.6Aug 13, 2024$14,50025,50025,7723.6 mi
68
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%

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.