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Union County, NJ · Sold

NJ-802939

8776 County Road 247

$48,600
$28,929/ac · 1.68 ac
Acreage1.68 ac
Price per acre$28,929/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedNov 4, 2025
Coordinates40.6388, -74.3092
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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope11.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

211 ft of deeded road frontage.

Power120 ft away

Power at or near the road.

Buildable area1.54 of 1.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$71,231
$53,876$88,586 · $42,399/ac on 1.68 ac
Asking vs estimate
-31.8%
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 $48,600
Maximum allowable offer
$40,703
$24,228/ac · +30.0% target margin

You need $7,897 off asking to hit this margin.

All-in cost$44,163
Net resale$65,532
Projected profit$21,370
ROI+48.4%
Annualized+69.3%
Break-even resale$28,573/ac
Profit if resale lands off target
-20%
$8,263
-10%
$14,816
0%
$21,370
+10%
$27,923
+20%
$34,476
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-253401
Gravel · Full utilities
2.4Apr 14, 2026$100,60042,80930,8114.2 mi
83
NJ-303892
Dirt · Power at road
3.4Jul 27, 2026$186,20055,58556,6315.2 mi
80
NJ-523098
Gravel · Off grid
1.9Sep 25, 2025$58,70031,04032,6462.9 mi
78
NJ-444283
Dirt · Full utilities
4.5Jul 27, 2026$189,60042,60235,9485.3 mi
74
NJ-691283
Landlocked · Off grid
0.5Jul 27, 2026$12,40024,40035,9490.3 mi
73
NJ-613477
Dirt · Power at road
2.5Sep 12, 2024$135,60054,67059,5634.4 mi
72
NJ-184292
Dirt · Full utilities
4.5Apr 27, 2026$211,50047,22040,2735.1 mi
71
NJ-341573
Landlocked · Power at road
0.6Nov 28, 2025$25,10039,79651,2815.1 mi
67
NJ-133931
Gravel · Full utilities
3.5Aug 19, 2025$228,70066,29249,5284.6 mi
67
NJ-561444
Dirt · Off grid
0.6Aug 13, 2024$14,50025,50032,1604.0 mi
61
Show adjustment detail for the top comp
  • Tract size (2.35 ac → 1.68 ac)+0.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (4 mo)+1.4%

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.