Comparable sales & offer analysis
Parcel NJ-734176
Cape May County, NJ · 4.12 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$197,700
Adjusted value
$161,945
Value range
$116,896–$206,995
Comp $/acre
$39,307/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.1% versus the adjusted value.
Offer position
Max allowable offer
$92,540
Offer $/acre
$22,461/ac
Projected profit
$48,584
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 | 30,542 | 79 |
| NJ-673642 | 2.8 | Jul 27, 2026 | $71,500 | 25,520 | 34,550 | 78 |
| NJ-765140 | 8.3 | May 31, 2026 | $560,500 | 67,696 | 49,216 | 75 |
| NJ-353240 | 2.1 | Sep 8, 2025 | $44,500 | 21,276 | 25,212 | 72 |
| NJ-445377 | 9.8 | Dec 19, 2025 | $430,100 | 43,751 | 55,575 | 72 |
| NJ-344776 | 6.4 | Jun 19, 2024 | $132,700 | 20,863 | 31,767 | 71 |
| NJ-173241 | 2.1 | Nov 16, 2025 | $80,300 | 38,401 | 37,014 | 70 |
| NJ-142693 | 1.4 | Apr 18, 2026 | $47,800 | 33,928 | 38,948 | 69 |
| NJ-265488 | 10.7 | Dec 14, 2024 | $481,200 | 45,144 | 60,118 | 67 |
| NJ-692840 | 1.6 | Oct 19, 2025 | $28,500 | 18,136 | 31,666 | 66 |
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.