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Warren County, NJ · Sold

NJ-553216

8198 County Road 350

$39,800
$19,320/ac · 2.06 ac
Acreage2.06 ac
Price per acre$19,320/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJun 10, 2025
Coordinates40.8791, -75.0996
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

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

View Warren market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power6,494 ft away

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

Buildable area1.79 of 2.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$55,103
$42,699$67,507 · $26,749/ac on 2.06 ac
Asking vs estimate
-27.8%
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 $39,800
Maximum allowable offer
$31,488
$15,285/ac · +30.0% target margin

You need $8,312 off asking to hit this margin.

All-in cost$34,164
Net resale$50,695
Projected profit$16,530
ROI+48.4%
Annualized+69.2%
Break-even resale$18,027/ac
Profit if resale lands off target
-20%
$6,391
-10%
$11,461
0%
$16,530
+10%
$21,600
+20%
$26,669
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-913743
Gravel · Off grid
3.0Jul 27, 2026$57,90019,22319,44710.5 mi
85
NJ-552324
Gravel · Power at road
1.1May 18, 2026$43,90040,66634,5750.8 mi
79
NJ-463713
Gravel · Power at road
3.0May 2, 2025$68,20023,10820,8885.0 mi
78
NJ-622100
Gravel · Off grid
0.9Jul 27, 2026$26,40028,69628,42810.0 mi
75
NJ-824103
Paved · Off grid
3.9Oct 17, 2025$110,20028,19225,1715.3 mi
75
NJ-521578
Gravel · Full utilities
0.6Jul 27, 2026$18,70029,66920,4166.0 mi
72
NJ-831966
Gravel · Full utilities
0.8May 25, 2025$39,40047,49234,3592.4 mi
68
NJ-462533
Gravel · Power at road
1.3Dec 16, 2024$49,90039,93536,0217.4 mi
68
NJ-684584
Dirt · Power at road
5.5Sep 7, 2025$117,60021,22222,5339.7 mi
61
NJ-401818
Gravel · Off grid
0.8Jul 19, 2024$18,90025,23027,0659.2 mi
61
Show adjustment detail for the top comp
  • Tract size (3.01 ac → 2.06 ac)+0.9%

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.