Comparable sales & offer analysis
Parcel NJ-211338
Gloucester County, NJ · 0.53 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,300
Adjusted value
$11,739
Value range
$10,305–$13,172
Comp $/acre
$22,148/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.8% versus the adjusted value.
Offer position
Max allowable offer
$6,708
Offer $/acre
$12,656/ac
Projected profit
$3,522
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-381580 | 0.6 | Jun 29, 2026 | $23,100 | 36,651 | 25,224 | 81 |
| NJ-291652 | 0.7 | Dec 1, 2025 | $20,800 | 31,494 | 17,985 | 74 |
| NJ-711932 | 0.8 | Nov 10, 2024 | $24,400 | 30,148 | 22,744 | 71 |
| NJ-972267 | 1.0 | Feb 11, 2024 | $25,900 | 25,119 | 22,183 | 64 |
| NJ-650317 | 0.3 | Dec 13, 2023 | $12,200 | 40,600 | 24,945 | 61 |
| NJ-642990 | 1.7 | Dec 27, 2023 | $37,700 | 21,684 | 19,381 | 57 |
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.