Comparable sales & offer analysis
Parcel NJ-353240
Cape May County, NJ · 2.09 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$53,900
Adjusted value
$72,969
Value range
$57,619–$88,319
Comp $/acre
$34,913/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.1% versus the adjusted value.
Offer position
Max allowable offer
$41,696
Offer $/acre
$19,950/ac
Projected profit
$21,891
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-173241 | 2.1 | Nov 16, 2025 | $80,300 | 38,401 | 32,639 | 87 |
| NJ-673642 | 2.8 | Jul 27, 2026 | $71,500 | 25,520 | 30,471 | 81 |
| NJ-142693 | 1.4 | Apr 18, 2026 | $47,800 | 33,928 | 34,347 | 79 |
| NJ-102110 | 0.9 | Jul 27, 2026 | $43,000 | 46,708 | 38,128 | 79 |
| NJ-692840 | 1.6 | Oct 19, 2025 | $28,500 | 18,136 | 27,922 | 78 |
| NJ-104960 | 7.3 | Jul 27, 2026 | $185,200 | 25,478 | 26,936 | 77 |
| NJ-512297 | 1.1 | May 6, 2026 | $42,800 | 40,415 | 28,680 | 73 |
| NJ-642350 | 1.1 | Mar 18, 2025 | $36,800 | 33,425 | 41,458 | 73 |
| NJ-732265 | 1.0 | Jan 19, 2026 | $45,500 | 44,191 | 52,955 | 72 |
| NJ-132358 | 1.1 | Jun 6, 2025 | $33,700 | 30,643 | 37,679 | 71 |
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.