Comparable sales & offer analysis
Parcel NJ-639455
Cape May County, NJ · 189 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,432,300
Adjusted value
$3,526,164
Value range
$3,085,747–$3,966,582
Comp $/acre
$18,690/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.0% versus the adjusted value.
Offer position
Max allowable offer
$2,014,951
Offer $/acre
$10,680/ac
Projected profit
$1,057,849
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-299156 | 151.9 | Jul 27, 2026 | $4,067,700 | 26,775 | 20,353 | 82 |
| NJ-549914 | 263.1 | Mar 7, 2026 | $3,512,000 | 13,349 | 15,015 | 81 |
| NJ-336740 | 26.4 | Jul 27, 2026 | $1,172,600 | 44,435 | 19,677 | 64 |
| NJ-256307 | 19.3 | Jan 2, 2026 | $1,300,700 | 67,430 | 20,396 | 58 |
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.