Warren County, NJ · Sold

NJ-246549

2585 County Road 237

$589,600

$25,657/ac · 22.98 ac

Offer report Market this tract

Acreage22.98 ac

Price per acre$25,657/ac

ZoningMixed Use

Road accessDirt

UtilitiesFull utilities

TopographyMixed

ListedJul 31, 2025

Coordinates40.9176, -75.0873

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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

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

View Warren market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands7.7% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area20.15 of 22.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$615,464

$462,802 – $768,126 · $26,783/ac on 22.98 ac

Asking vs estimate

-4.2%

In line with the comp set

Weighted from 7 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 $589,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$351,694

$15,304/ac · +30.0% target margin

You need $237,906 off asking to hit this margin.

All-in cost$381,588

Net resale$566,227

Projected profit$184,639

ROI+48.4%

Annualized+69.2%

Break-even resale$18,049/ac

Profit if resale lands off target

-20%

$71,393

-10%

$128,016

$184,639

+10%

$241,261

+20%

$297,884

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NJ-546698 Paved · Off grid	25.6	Oct 4, 2024	$652,900	25,503	29,215	1.0 mi	80
NJ-666783 Dirt · Off grid	27.2	Nov 10, 2025	$394,200	14,478	21,982	11.7 mi	76
NJ-916050 Gravel · Off grid	16.0	Mar 15, 2026	$372,100	23,244	27,909	5.2 mi	76
NJ-325495 Paved · Full utilities	10.7	Jul 27, 2026	$620,800	57,964	38,915	8.8 mi	73
NJ-707824 Paved · Power at road	57.9	May 31, 2026	$960,000	16,586	17,491	1.2 mi	73
NJ-657760 Dirt · Off grid	55.3	Jun 15, 2026	$987,800	17,876	30,086	8.4 mi	72
NJ-668127 Paved · Off grid	72.1	Jul 23, 2025	$1,100,100	15,260	20,571	10.1 mi	59

Show adjustment detail for the top comp

Tract size (25.6 ac → 22.98 ac)+1.6%
Access (Paved → Dirt)-27.1%
Utilities (Off grid → Full utilities)+43.5%
Market time (22 mo)+7.8%

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.

Build the listing kit Post a deal or JV