Comparable sales & offer analysis
Parcel NJ-350464
Cape May County, NJ · 0.30 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,200
Adjusted value
$12,389
Value range
$9,868–$14,911
Comp $/acre
$41,298/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.6% versus the adjusted value.
Offer position
Max allowable offer
$7,080
Offer $/acre
$23,599/ac
Projected profit
$3,717
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-810053 | 0.3 | Jul 27, 2026 | $15,600 | 51,850 | 44,940 | 86 |
| NJ-580199 | 0.3 | Oct 8, 2024 | $9,900 | 33,060 | 35,819 | 80 |
| NJ-960383 | 0.3 | Mar 25, 2026 | $13,800 | 46,063 | 33,188 | 80 |
| NJ-102110 | 0.9 | Jul 27, 2026 | $43,000 | 46,708 | 38,836 | 77 |
| NJ-231302 | 0.5 | May 15, 2026 | $20,100 | 39,433 | 41,633 | 75 |
| NJ-461416 | 0.6 | Apr 1, 2026 | $25,300 | 45,118 | 33,675 | 74 |
| NJ-641961 | 0.8 | Sep 5, 2025 | $32,200 | 38,778 | 35,052 | 66 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 53,937 | 65 |
| NJ-161950 | 0.8 | Feb 21, 2025 | $64,800 | 78,985 | 59,778 | 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.