Comparable sales & offer analysis
Parcel NJ-256307
Cape May County, NJ · 19.29 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,366,300
Adjusted value
$1,211,991
Value range
$955,562–$1,468,420
Comp $/acre
$62,830/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.7% versus the adjusted value.
Offer position
Max allowable offer
$692,566
Offer $/acre
$35,903/ac
Projected profit
$363,597
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-336740 | 26.4 | Jul 27, 2026 | $1,172,600 | 44,435 | 67,104 | 80 |
| NJ-765140 | 8.3 | May 31, 2026 | $560,500 | 67,696 | 63,332 | 75 |
| NJ-104960 | 7.3 | Jul 27, 2026 | $185,200 | 25,478 | 39,304 | 72 |
| NJ-445377 | 9.8 | Dec 19, 2025 | $430,100 | 43,751 | 71,508 | 71 |
| NJ-555778 | 13.2 | Aug 18, 2024 | $524,300 | 39,871 | 72,226 | 69 |
| NJ-265488 | 10.7 | Dec 14, 2024 | $481,200 | 45,144 | 77,336 | 69 |
| NJ-255805 | 13.4 | Jun 9, 2024 | $746,000 | 55,633 | 69,169 | 68 |
| NJ-344776 | 6.4 | Jun 19, 2024 | $132,700 | 20,863 | 40,862 | 63 |
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.