Comparable sales & offer analysis
Parcel NJ-381580
Gloucester County, NJ · 0.63 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,600
Adjusted value
$17,961
Value range
$15,076–$20,845
Comp $/acre
$28,509/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.3% versus the adjusted value.
Offer position
Max allowable offer
$10,263
Offer $/acre
$16,291/ac
Projected profit
$5,388
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-291652 | 0.7 | Dec 1, 2025 | $20,800 | 31,494 | 26,421 | 79 |
| NJ-633176 | 2.0 | Jul 27, 2026 | $66,800 | 33,379 | 28,997 | 77 |
| NJ-211338 | 0.5 | Jul 24, 2025 | $9,500 | 17,933 | 27,667 | 75 |
| NJ-943157 | 2.0 | Jul 12, 2026 | $44,300 | 22,499 | 23,027 | 74 |
| NJ-711932 | 0.8 | Nov 10, 2024 | $24,400 | 30,148 | 33,413 | 70 |
| NJ-972267 | 1.0 | Feb 11, 2024 | $25,900 | 25,119 | 32,588 | 69 |
| NJ-153166 | 2.0 | Jul 27, 2026 | $41,200 | 20,791 | 20,998 | 68 |
| NJ-642990 | 1.7 | Dec 27, 2023 | $37,700 | 21,684 | 28,471 | 60 |
| NJ-650317 | 0.3 | Dec 13, 2023 | $12,200 | 40,600 | 36,645 | 59 |
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.