Comparable sales & offer analysis
Parcel NJ-810053
Cape May County, NJ · 0.30 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,900
Adjusted value
$14,156
Value range
$11,180–$17,132
Comp $/acre
$47,186/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.4% versus the adjusted value.
Offer position
Max allowable offer
$8,089
Offer $/acre
$26,963/ac
Projected profit
$4,247
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-960383 | 0.3 | Mar 25, 2026 | $13,800 | 46,063 | 38,590 | 88 |
| NJ-350464 | 0.3 | Jul 10, 2025 | $11,000 | 36,773 | 44,974 | 78 |
| NJ-580199 | 0.3 | Oct 8, 2024 | $9,900 | 33,060 | 41,650 | 75 |
| NJ-231302 | 0.5 | May 15, 2026 | $20,100 | 39,433 | 48,409 | 73 |
| NJ-461416 | 0.6 | Apr 1, 2026 | $25,300 | 45,118 | 39,156 | 72 |
| NJ-102110 | 0.9 | Jul 27, 2026 | $43,000 | 46,708 | 45,157 | 69 |
| NJ-641961 | 0.8 | Sep 5, 2025 | $32,200 | 38,778 | 40,757 | 66 |
| NJ-161950 | 0.8 | Feb 21, 2025 | $64,800 | 78,985 | 69,508 | 63 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 62,717 | 63 |
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.