Comparable sales & offer analysis
Parcel NJ-461416
Cape May County, NJ · 0.56 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$30,700
Adjusted value
$29,852
Value range
$24,907–$34,798
Comp $/acre
$53,308/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.8% versus the adjusted value.
Offer position
Max allowable offer
$17,059
Offer $/acre
$30,462/ac
Projected profit
$8,956
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-231302 | 0.5 | May 15, 2026 | $20,100 | 39,433 | 56,967 | 85 |
| NJ-512297 | 1.1 | May 6, 2026 | $42,800 | 40,415 | 39,971 | 77 |
| NJ-102110 | 0.9 | Jul 27, 2026 | $43,000 | 46,708 | 53,140 | 74 |
| NJ-810053 | 0.3 | Jul 27, 2026 | $15,600 | 51,850 | 61,493 | 74 |
| NJ-641961 | 0.8 | Sep 5, 2025 | $32,200 | 38,778 | 47,963 | 71 |
| NJ-960383 | 0.3 | Mar 25, 2026 | $13,800 | 46,063 | 45,413 | 70 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 73,804 | 70 |
| NJ-350464 | 0.3 | Jul 10, 2025 | $11,000 | 36,773 | 52,925 | 69 |
| NJ-132358 | 1.1 | Jun 6, 2025 | $33,700 | 30,643 | 52,513 | 69 |
| NJ-580199 | 0.3 | Oct 8, 2024 | $9,900 | 33,060 | 49,013 | 69 |
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.