Comparable sales & offer analysis
Parcel NJ-555778
Cape May County, NJ · 13.15 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$492,300
Adjusted value
$489,068
Value range
$388,871–$589,266
Comp $/acre
$37,192/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.7% versus the adjusted value.
Offer position
Max allowable offer
$279,468
Offer $/acre
$21,252/ac
Projected profit
$146,721
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-255805 | 13.4 | Jun 9, 2024 | $746,000 | 55,633 | 41,594 | 77 |
| NJ-765140 | 8.3 | May 31, 2026 | $560,500 | 67,696 | 38,084 | 77 |
| NJ-256307 | 19.3 | Jan 2, 2026 | $1,300,700 | 67,430 | 41,826 | 76 |
| NJ-445377 | 9.8 | Dec 19, 2025 | $430,100 | 43,751 | 43,001 | 75 |
| NJ-104960 | 7.3 | Jul 27, 2026 | $185,200 | 25,478 | 23,635 | 74 |
| NJ-265488 | 10.7 | Dec 14, 2024 | $481,200 | 45,144 | 46,505 | 71 |
| NJ-336740 | 26.4 | Jul 27, 2026 | $1,172,600 | 44,435 | 40,352 | 70 |
| NJ-734176 | 4.1 | Jun 20, 2025 | $163,500 | 39,684 | 32,191 | 62 |
| NJ-344776 | 6.4 | Jun 19, 2024 | $132,700 | 20,863 | 24,572 | 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.