Comparable sales & offer analysis
Parcel NJ-906468
Gloucester County, NJ · 21.67 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$426,700
Adjusted value
$517,280
Value range
$416,647–$617,914
Comp $/acre
$23,871/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.5% versus the adjusted value.
Offer position
Max allowable offer
$295,589
Offer $/acre
$13,640/ac
Projected profit
$155,184
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 | 28,975 | 75 |
| NJ-776363 | 20.1 | Jul 6, 2025 | $437,000 | 21,752 | 22,399 | 75 |
| NJ-115337 | 9.6 | May 9, 2026 | $104,700 | 10,959 | 15,046 | 74 |
| NJ-637983 | 65.0 | Jul 27, 2026 | $1,886,100 | 29,039 | 28,806 | 73 |
| NJ-645448 | 10.3 | Jul 27, 2026 | $468,600 | 45,277 | 30,369 | 72 |
| NJ-626257 | 18.6 | Oct 13, 2024 | $491,400 | 26,419 | 23,774 | 70 |
| NJ-567938 | 62.9 | Jul 27, 2026 | $2,273,700 | 36,165 | 25,961 | 70 |
| NJ-877609 | 49.5 | Jun 14, 2026 | $558,900 | 11,282 | 19,290 | 69 |
| NJ-327130 | 35.0 | Nov 21, 2024 | $1,041,900 | 29,759 | 20,393 | 65 |
| NJ-827307 | 39.8 | Jun 28, 2024 | $610,200 | 15,330 | 23,108 | 65 |
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.