Comparable sales & offer analysis
Parcel NJ-132358
Cape May County, NJ · 1.10 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$37,000
Adjusted value
$32,397
Value range
$24,727–$40,067
Comp $/acre
$29,452/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.2% versus the adjusted value.
Offer position
Max allowable offer
$18,513
Offer $/acre
$16,830/ac
Projected profit
$9,719
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-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 45,219 | 84 |
| NJ-102110 | 0.9 | Jul 27, 2026 | $43,000 | 46,708 | 32,555 | 84 |
| NJ-142693 | 1.4 | Apr 18, 2026 | $47,800 | 33,928 | 29,328 | 84 |
| NJ-512297 | 1.1 | May 6, 2026 | $42,800 | 40,415 | 24,488 | 84 |
| NJ-642350 | 1.1 | Mar 18, 2025 | $36,800 | 33,425 | 35,408 | 81 |
| NJ-461416 | 0.6 | Apr 1, 2026 | $25,300 | 45,118 | 28,230 | 75 |
| NJ-692840 | 1.6 | Oct 19, 2025 | $28,500 | 18,136 | 23,844 | 75 |
| NJ-673642 | 2.8 | Jul 27, 2026 | $71,500 | 25,520 | 26,016 | 74 |
| NJ-353240 | 2.1 | Sep 8, 2025 | $44,500 | 21,276 | 18,985 | 73 |
| NJ-173241 | 2.1 | Nov 16, 2025 | $80,300 | 38,401 | 27,872 | 72 |
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.