Comparable sales & offer analysis
Parcel NJ-344776
Cape May County, NJ · 6.36 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$157,400
Adjusted value
$202,340
Value range
$149,760–$254,920
Comp $/acre
$31,814/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.2% versus the adjusted value.
Offer position
Max allowable offer
$115,623
Offer $/acre
$18,180/ac
Projected profit
$60,702
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-104960 | 7.3 | Jul 27, 2026 | $185,200 | 25,478 | 21,999 | 85 |
| NJ-765140 | 8.3 | May 31, 2026 | $560,500 | 67,696 | 35,448 | 80 |
| NJ-673642 | 2.8 | Jul 27, 2026 | $71,500 | 25,520 | 24,885 | 75 |
| NJ-734176 | 4.1 | Jun 20, 2025 | $163,500 | 39,684 | 29,962 | 75 |
| NJ-445377 | 9.8 | Dec 19, 2025 | $430,100 | 43,751 | 40,024 | 74 |
| NJ-256307 | 19.3 | Jan 2, 2026 | $1,300,700 | 67,430 | 38,931 | 70 |
| NJ-265488 | 10.7 | Dec 14, 2024 | $481,200 | 45,144 | 43,286 | 69 |
| NJ-353240 | 2.1 | Sep 8, 2025 | $44,500 | 21,276 | 18,156 | 65 |
| NJ-173241 | 2.1 | Nov 16, 2025 | $80,300 | 38,401 | 26,656 | 65 |
| NJ-555778 | 13.2 | Aug 18, 2024 | $524,300 | 39,871 | 40,425 | 61 |
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.