Comparable sales & offer analysis
Parcel NJ-982682
Burlington County, NJ · 1.40 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,100
Adjusted value
$31,119
Value range
$24,560–$37,678
Comp $/acre
$22,228/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.8% versus the adjusted value.
Offer position
Max allowable offer
$17,782
Offer $/acre
$12,702/ac
Projected profit
$9,336
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NJ-792735 | 1.4 | Jul 27, 2026 | $21,200 | 14,611 | 17,332 | 83 |
| NJ-493113 | 1.9 | Sep 18, 2025 | $46,800 | 24,488 | 25,691 | 81 |
| NJ-471031 | 0.4 | Jul 27, 2026 | $8,100 | 19,283 | 22,633 | 77 |
| NJ-291861 | 0.8 | Jul 27, 2026 | $14,400 | 18,722 | 18,747 | 77 |
| NJ-993481 | 2.5 | Nov 21, 2025 | $59,100 | 23,750 | 20,397 | 76 |
| NJ-473209 | 2.0 | Feb 8, 2026 | $38,300 | 18,768 | 19,347 | 76 |
| NJ-962010 | 0.9 | Oct 27, 2024 | $20,400 | 23,754 | 17,743 | 68 |
| NJ-304135 | 4.0 | Jun 12, 2025 | $95,500 | 23,887 | 30,060 | 63 |
| NJ-941454 | 0.6 | Mar 2, 2025 | $23,900 | 41,877 | 30,767 | 62 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.