Comparable sales & offer analysis
Parcel NJ-161950
Cape May County, NJ · 0.82 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$64,000
Adjusted value
$44,632
Value range
$36,636–$52,628
Comp $/acre
$54,429/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +43.4% versus the adjusted value.
Offer position
Max allowable offer
$25,504
Offer $/acre
$31,102/ac
Projected profit
$13,390
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 | 54,489 | 85 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 75,686 | 84 |
| NJ-512297 | 1.1 | May 6, 2026 | $42,800 | 40,415 | 40,988 | 84 |
| NJ-641961 | 0.8 | Sep 5, 2025 | $32,200 | 38,778 | 49,190 | 83 |
| NJ-142693 | 1.4 | Apr 18, 2026 | $47,800 | 33,928 | 49,088 | 76 |
| NJ-461416 | 0.6 | Apr 1, 2026 | $25,300 | 45,118 | 47,251 | 75 |
| NJ-231302 | 0.5 | May 15, 2026 | $20,100 | 39,433 | 58,416 | 75 |
| NJ-960383 | 0.3 | Mar 25, 2026 | $13,800 | 46,063 | 46,569 | 75 |
| NJ-642350 | 1.1 | Mar 18, 2025 | $36,800 | 33,425 | 59,266 | 74 |
| NJ-810053 | 0.3 | Jul 27, 2026 | $15,600 | 51,850 | 63,054 | 74 |
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.