Comparable sales & offer analysis
Parcel NJ-119559
Gloucester County, NJ · 203 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,751,400
Adjusted value
$3,786,727
Value range
$3,346,546–$4,226,908
Comp $/acre
$18,614/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.3% versus the adjusted value.
Offer position
Max allowable offer
$2,163,844
Offer $/acre
$10,637/ac
Projected profit
$1,136,018
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-137977 | 64.7 | Jul 27, 2026 | $1,802,100 | 27,866 | 21,039 | 77 |
| NJ-288708 | 109.8 | Apr 2, 2026 | $1,979,500 | 18,025 | 18,831 | 74 |
| NJ-369030 | 138.7 | Nov 21, 2025 | $2,349,200 | 16,941 | 15,081 | 72 |
| NJ-567938 | 62.9 | Jul 27, 2026 | $2,273,700 | 36,165 | 18,851 | 71 |
| NJ-637983 | 65.0 | Jul 27, 2026 | $1,886,100 | 29,039 | 20,917 | 67 |
| NJ-218292 | 81.3 | Apr 15, 2024 | $1,128,300 | 13,886 | 16,540 | 58 |
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.