Comparable sales & offer analysis
Parcel NJ-153166
Gloucester County, NJ · 1.98 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,800
Adjusted value
$54,673
Value range
$44,394–$64,953
Comp $/acre
$27,613/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.0% versus the adjusted value.
Offer position
Max allowable offer
$31,242
Offer $/acre
$15,779/ac
Projected profit
$16,402
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-943157 | 2.0 | Jul 12, 2026 | $44,300 | 22,499 | 22,979 | 89 |
| NJ-633176 | 2.0 | Jul 27, 2026 | $66,800 | 33,379 | 28,936 | 86 |
| NJ-344000 | 3.6 | Jul 27, 2026 | $83,400 | 22,974 | 17,149 | 78 |
| NJ-642990 | 1.7 | Dec 27, 2023 | $37,700 | 21,684 | 28,412 | 72 |
| NJ-563720 | 3.0 | Feb 17, 2025 | $101,800 | 34,381 | 30,397 | 70 |
| NJ-773910 | 3.4 | Apr 24, 2025 | $68,000 | 19,996 | 27,199 | 67 |
| NJ-381580 | 0.6 | Jun 29, 2026 | $23,100 | 36,651 | 36,979 | 67 |
| NJ-972267 | 1.0 | Feb 11, 2024 | $25,900 | 25,119 | 32,519 | 65 |
| NJ-264339 | 4.6 | Sep 18, 2025 | $127,200 | 27,410 | 29,695 | 65 |
| NJ-884255 | 4.4 | Mar 10, 2025 | $97,200 | 22,297 | 24,604 | 64 |
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.