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Warren County, NJ · Sold

NJ-684584

7297 County Road 51

$118,400
$21,372/ac · 5.54 ac
Acreage5.54 ac
Price per acre$21,372/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedAug 7, 2025
Coordinates40.9180, -74.9213
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power108 ft away

Power at or near the road.

Buildable area4.97 of 5.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$134,456
$101,056$167,856 · $24,270/ac on 5.54 ac
Asking vs estimate
-11.9%
Priced below 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 $118,400
Maximum allowable offer
$76,832
$13,869/ac · +30.0% target margin

You need $41,568 off asking to hit this margin.

All-in cost$83,363
Net resale$123,700
Projected profit$40,337
ROI+48.4%
Annualized+69.3%
Break-even resale$16,356/ac
Profit if resale lands off target
-20%
$15,597
-10%
$27,967
0%
$40,337
+10%
$52,707
+20%
$65,077
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NJ-913743
Gravel · Off grid
3.0Jul 27, 2026$57,90019,22319,0371.1 mi
78
NJ-824103
Paved · Off grid
3.9Oct 17, 2025$110,20028,19224,6414.5 mi
73
NJ-325495
Paved · Full utilities
10.7Jul 27, 2026$620,80057,96436,24512.8 mi
71
NJ-916050
Gravel · Off grid
16.0Mar 15, 2026$372,10023,24425,9949.5 mi
69
NJ-463713
Gravel · Power at road
3.0May 2, 2025$68,20023,10820,4487.6 mi
67
NJ-553216
Gravel · Off grid
2.1Jun 29, 2025$37,90018,41218,8809.7 mi
60
Show adjustment detail for the top comp
  • Tract size (3.01 ac → 5.54 ac)-2.3%
  • Access (Gravel → Dirt)-14.0%
  • 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.