Comparable sales & offer analysis
Parcel NJ-943157
Gloucester County, NJ · 1.97 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$51,900
Adjusted value
$53,424
Value range
$42,734–$64,114
Comp $/acre
$27,119/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$30,528
Offer $/acre
$15,496/ac
Projected profit
$16,027
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-633176 | 2.0 | Jul 27, 2026 | $66,800 | 33,379 | 28,444 | 91 |
| NJ-153166 | 2.0 | Jul 27, 2026 | $41,200 | 20,791 | 20,597 | 90 |
| NJ-381580 | 0.6 | Jun 29, 2026 | $23,100 | 36,651 | 36,350 | 75 |
| NJ-344000 | 3.6 | Jul 27, 2026 | $83,400 | 22,974 | 16,857 | 75 |
| NJ-642990 | 1.7 | Dec 27, 2023 | $37,700 | 21,684 | 27,943 | 72 |
| NJ-884255 | 4.4 | Mar 10, 2025 | $97,200 | 22,297 | 24,193 | 70 |
| NJ-264339 | 4.6 | Sep 18, 2025 | $127,200 | 27,410 | 29,195 | 69 |
| NJ-563720 | 3.0 | Feb 17, 2025 | $101,800 | 34,381 | 29,889 | 68 |
| NJ-773910 | 3.4 | Apr 24, 2025 | $68,000 | 19,996 | 26,744 | 67 |
| NJ-711932 | 0.8 | Nov 10, 2024 | $24,400 | 30,148 | 32,788 | 67 |
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.