Comparable sales & offer analysis
Parcel NJ-549914
Cape May County, NJ · 263 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$3,602,000
Adjusted value
$4,084,320
Value range
$3,126,054–$5,042,585
Comp $/acre
$15,524/ac
Weighted from 3 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.8% versus the adjusted value.
Offer position
Max allowable offer
$2,333,897
Offer $/acre
$8,871/ac
Projected profit
$1,225,296
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 | 18,532 | 78 |
| NJ-639455 | 188.7 | Sep 6, 2025 | $2,123,400 | 11,255 | 10,710 | 78 |
| NJ-336740 | 26.4 | Jul 27, 2026 | $1,172,600 | 44,435 | 17,917 | 59 |
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.