Comparable sales & offer analysis
Parcel NJ-486998
Mercer County, NJ · 31.82 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,009,000
Adjusted value
$817,757
Value range
$719,111–$916,403
Comp $/acre
$25,699/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.4% versus the adjusted value.
Offer position
Max allowable offer
$467,290
Offer $/acre
$14,685/ac
Projected profit
$245,327
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-557353 | 41.1 | Jul 27, 2026 | $809,600 | 19,675 | 24,401 | 84 |
| NJ-386693 | 25.5 | Sep 10, 2025 | $525,600 | 20,605 | 24,467 | 82 |
| NJ-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 31,450 | 78 |
| NJ-886293 | 19.1 | Jan 31, 2025 | $651,600 | 34,135 | 26,831 | 69 |
| NJ-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 24,145 | 67 |
| NJ-525333 | 9.5 | Feb 25, 2026 | $484,700 | 50,915 | 25,216 | 66 |
| NJ-355515 | 10.9 | Oct 21, 2025 | $521,400 | 47,963 | 28,317 | 64 |
| NJ-488397 | 87.7 | Oct 25, 2024 | $2,181,800 | 24,887 | 26,149 | 62 |
| NJ-846079 | 16.4 | May 5, 2024 | $335,700 | 20,531 | 19,184 | 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.