Comparable sales & offer analysis
Parcel NJ-641961
Cape May County, NJ · 0.83 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,500
Adjusted value
$38,410
Value range
$28,867–$47,954
Comp $/acre
$46,278/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.2% versus the adjusted value.
Offer position
Max allowable offer
$21,949
Offer $/acre
$26,444/ac
Projected profit
$11,523
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 | 44,907 | 84 |
| NJ-512297 | 1.1 | May 6, 2026 | $42,800 | 40,415 | 33,779 | 80 |
| NJ-161950 | 0.8 | Feb 21, 2025 | $64,800 | 78,985 | 69,124 | 79 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 62,370 | 77 |
| NJ-642350 | 1.1 | Mar 18, 2025 | $36,800 | 33,425 | 48,829 | 76 |
| NJ-142693 | 1.4 | Apr 18, 2026 | $47,800 | 33,928 | 40,454 | 76 |
| NJ-461416 | 0.6 | Apr 1, 2026 | $25,300 | 45,118 | 38,939 | 75 |
| NJ-692840 | 1.6 | Oct 19, 2025 | $28,500 | 18,136 | 32,886 | 74 |
| NJ-810053 | 0.3 | Jul 27, 2026 | $15,600 | 51,850 | 51,966 | 73 |
| NJ-960383 | 0.3 | Mar 25, 2026 | $13,800 | 46,063 | 38,377 | 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.