Comparable sales & offer analysis
Parcel NJ-386693
Mercer County, NJ · 25.51 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$506,400
Adjusted value
$605,531
Value range
$511,286–$699,776
Comp $/acre
$23,737/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.4% versus the adjusted value.
Offer position
Max allowable offer
$346,018
Offer $/acre
$13,564/ac
Projected profit
$181,659
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-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 27,669 | 84 |
| NJ-486998 | 31.8 | Jan 6, 2026 | $1,055,400 | 33,168 | 30,088 | 84 |
| NJ-557353 | 41.1 | Jul 27, 2026 | $809,600 | 19,675 | 21,468 | 82 |
| NJ-886293 | 19.1 | Jan 31, 2025 | $651,600 | 34,135 | 23,606 | 73 |
| NJ-525333 | 9.5 | Feb 25, 2026 | $484,700 | 50,915 | 22,185 | 69 |
| NJ-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 21,242 | 67 |
| NJ-355515 | 10.9 | Oct 21, 2025 | $521,400 | 47,963 | 24,913 | 64 |
| NJ-846079 | 16.4 | May 5, 2024 | $335,700 | 20,531 | 16,878 | 63 |
| NJ-488397 | 87.7 | Oct 25, 2024 | $2,181,800 | 24,887 | 23,006 | 55 |
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.