Comparable sales & offer analysis
Parcel NJ-641961
Cape May County, NJ · 0.83 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,500
Adjusted value
$38,188
Value range
$28,705–$47,671
Comp $/acre
$46,010/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.8% versus the adjusted value.
Offer position
Max allowable offer
$21,822
Offer $/acre
$26,291/ac
Projected profit
$11,456
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-102110 | 0.9 | Jul 27, 2026 | $43,000 | 46,708 | 44,658 | 85 |
| NJ-512297 | 1.1 | May 6, 2026 | $42,800 | 40,415 | 33,593 | 81 |
| NJ-161950 | 0.8 | Feb 21, 2025 | $64,800 | 78,985 | 68,762 | 80 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 62,031 | 78 |
| NJ-142693 | 1.4 | Apr 18, 2026 | $47,800 | 33,928 | 40,232 | 77 |
| NJ-642350 | 1.1 | Mar 18, 2025 | $36,800 | 33,425 | 48,573 | 77 |
| NJ-461416 | 0.6 | Apr 1, 2026 | $25,300 | 45,118 | 38,726 | 76 |
| NJ-692840 | 1.6 | Oct 19, 2025 | $28,500 | 18,136 | 32,710 | 75 |
| NJ-810053 | 0.3 | Jul 27, 2026 | $15,600 | 51,850 | 51,678 | 74 |
| NJ-960383 | 0.3 | Mar 25, 2026 | $13,800 | 46,063 | 38,167 | 73 |
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.