Comparable sales & offer analysis
Parcel NJ-525333
Mercer County, NJ · 9.52 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$493,600
Adjusted value
$550,879
Value range
$487,256–$614,503
Comp $/acre
$57,865/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.4% versus the adjusted value.
Offer position
Max allowable offer
$314,788
Offer $/acre
$33,066/ac
Projected profit
$165,264
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-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 49,987 | 82 |
| NJ-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 65,110 | 80 |
| NJ-384610 | 5.6 | Jul 27, 2026 | $294,900 | 52,282 | 62,006 | 79 |
| NJ-355515 | 10.9 | Oct 21, 2025 | $521,400 | 47,963 | 58,625 | 78 |
| NJ-824731 | 6.2 | Aug 19, 2025 | $299,800 | 48,662 | 51,208 | 71 |
| NJ-886293 | 19.1 | Jan 31, 2025 | $651,600 | 34,135 | 55,548 | 71 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 62,892 | 69 |
| NJ-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 52,100 | 67 |
| NJ-386693 | 25.5 | Sep 10, 2025 | $525,600 | 20,605 | 50,653 | 66 |
| NJ-486998 | 31.8 | Jan 6, 2026 | $1,055,400 | 33,168 | 70,801 | 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.