Comparable sales & offer analysis
Parcel NJ-943157
Gloucester County, NJ · 1.97 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$51,900
Adjusted value
$53,722
Value range
$42,997–$64,448
Comp $/acre
$27,270/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.4% versus the adjusted value.
Offer position
Max allowable offer
$30,699
Offer $/acre
$15,583/ac
Projected profit
$16,117
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 | 28,602 | 90 |
| NJ-153166 | 2.0 | Jul 27, 2026 | $41,200 | 20,791 | 20,712 | 89 |
| NJ-381580 | 0.6 | Jun 29, 2026 | $23,100 | 36,651 | 36,551 | 74 |
| NJ-344000 | 3.6 | Jul 27, 2026 | $83,400 | 22,974 | 16,950 | 74 |
| NJ-642990 | 1.7 | Dec 27, 2023 | $37,700 | 21,684 | 28,083 | 72 |
| NJ-884255 | 4.4 | Mar 10, 2025 | $97,200 | 22,297 | 24,320 | 69 |
| NJ-264339 | 4.6 | Sep 18, 2025 | $127,200 | 27,410 | 29,352 | 69 |
| NJ-563720 | 3.0 | Feb 17, 2025 | $101,800 | 34,381 | 30,046 | 67 |
| NJ-711932 | 0.8 | Nov 10, 2024 | $24,400 | 30,148 | 32,957 | 67 |
| NJ-773910 | 3.4 | Apr 24, 2025 | $68,000 | 19,996 | 26,885 | 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.