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Mercer County, NJ

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

Balanced
Median $/acre
$40,258/ac
12-month change
+1.8%
Sales (12 mo)
41
Median days on market
124 d
Monthly absorption
7.9%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
0–5 ac49 listed$43,000/ac
5–20 ac31 listed$40,092/ac
20–50 ac18 listed$29,694/ac
50–100 ac13 listed$28,184/ac
100+ ac11 listed$21,371/ac
Most recent recorded sales
NJ-8406690.3 ac$10,700$33,552/acInvestor
NJ-518994135.1 ac$2.22M$16,399/acInvestor
NJ-6725301.3 ac$38,700$30,955/acRecreational buyer
NJ-9841724.1 ac$133,500$32,470/acInvestor
NJ-549417183.5 ac$6.78M$36,919/acInvestor
NJ-55735341.1 ac$809,600$19,675/acNeighbor
NJ-3846105.6 ac$294,900$52,282/ac1031 exchange
NJ-25542010.1 ac$408,000$40,232/acOwner occupant