Comparable sales & offer analysis
Parcel NJ-153166
Gloucester County, NJ · 1.98 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,800
Adjusted value
$54,677
Value range
$44,561–$64,794
Comp $/acre
$27,615/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
$31,244
Offer $/acre
$15,780/ac
Projected profit
$16,403
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 | 22,851 | 90 |
| NJ-633176 | 2.0 | Jul 27, 2026 | $66,800 | 33,379 | 28,776 | 87 |
| NJ-344000 | 3.6 | Jul 27, 2026 | $83,400 | 22,974 | 17,054 | 79 |
| NJ-642990 | 1.7 | Dec 27, 2023 | $37,700 | 21,684 | 28,269 | 73 |
| NJ-563720 | 3.0 | Feb 17, 2025 | $101,800 | 34,381 | 30,238 | 71 |
| NJ-381580 | 0.6 | Jun 29, 2026 | $23,100 | 36,651 | 36,774 | 68 |
| NJ-773910 | 3.4 | Apr 24, 2025 | $68,000 | 19,996 | 27,056 | 68 |
| NJ-264339 | 4.6 | Sep 18, 2025 | $127,200 | 27,410 | 29,536 | 66 |
| NJ-972267 | 1.0 | Feb 11, 2024 | $25,900 | 25,119 | 32,356 | 65 |
| NJ-291652 | 0.7 | Dec 1, 2025 | $20,800 | 31,494 | 26,224 | 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.