Comparable sales & offer analysis
Parcel NJ-792814
Mercer County, NJ · 1.54 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$34,100
Adjusted value
$48,686
Value range
$39,297–$58,074
Comp $/acre
$31,614/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.0% versus the adjusted value.
Offer position
Max allowable offer
$27,820
Offer $/acre
$18,065/ac
Projected profit
$14,606
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-672530 | 1.3 | Jul 27, 2026 | $38,700 | 30,955 | 24,884 | 85 |
| NJ-752921 | 1.7 | Jan 25, 2026 | $43,800 | 26,387 | 31,978 | 79 |
| NJ-121892 | 0.8 | Jun 8, 2026 | $31,400 | 39,699 | 31,939 | 73 |
| NJ-223551 | 2.6 | Jul 3, 2025 | $53,500 | 20,438 | 20,229 | 71 |
| NJ-533678 | 2.9 | Nov 25, 2025 | $140,900 | 49,082 | 33,391 | 68 |
| NJ-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 31,213 | 65 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 37,678 | 62 |
| NJ-891700 | 0.7 | Sep 15, 2024 | $32,200 | 46,664 | 40,193 | 61 |
| NJ-131171 | 0.5 | Aug 5, 2025 | $16,300 | 34,655 | 28,423 | 60 |
| NJ-854202 | 4.2 | Dec 29, 2024 | $166,400 | 39,625 | 40,628 | 58 |
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.
