Comparable sales & offer analysis
Parcel NJ-223551
Mercer County, NJ · 2.62 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$59,300
Adjusted value
$89,985
Value range
$75,725–$104,244
Comp $/acre
$34,345/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -34.1% versus the adjusted value.
Offer position
Max allowable offer
$51,420
Offer $/acre
$19,626/ac
Projected profit
$26,995
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 | 26,463 | 81 |
| NJ-533678 | 2.9 | Nov 25, 2025 | $140,900 | 49,082 | 35,511 | 79 |
| NJ-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 33,194 | 78 |
| NJ-384610 | 5.6 | Jul 27, 2026 | $294,900 | 52,282 | 39,505 | 75 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 40,070 | 74 |
| NJ-752921 | 1.7 | Jan 25, 2026 | $43,800 | 26,387 | 34,008 | 71 |
| NJ-854202 | 4.2 | Dec 29, 2024 | $166,400 | 39,625 | 43,207 | 70 |
| NJ-121892 | 0.8 | Jun 8, 2026 | $31,400 | 39,699 | 33,967 | 69 |
| NJ-792814 | 1.5 | Feb 11, 2024 | $32,200 | 20,903 | 24,699 | 66 |
| NJ-824731 | 6.2 | Aug 19, 2025 | $299,800 | 48,662 | 32,626 | 62 |
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.