Comparable sales & offer analysis
Parcel NJ-824731
Mercer County, NJ · 6.16 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$286,300
Adjusted value
$355,953
Value range
$320,537–$391,370
Comp $/acre
$57,785/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.6% versus the adjusted value.
Offer position
Max allowable offer
$203,402
Offer $/acre
$33,020/ac
Projected profit
$106,786
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-384610 | 5.6 | Jul 27, 2026 | $294,900 | 52,282 | 61,704 | 83 |
| NJ-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 51,847 | 80 |
| NJ-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 49,744 | 75 |
| NJ-525333 | 9.5 | Feb 25, 2026 | $484,700 | 50,915 | 51,950 | 74 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 62,586 | 72 |
| NJ-854202 | 4.2 | Dec 29, 2024 | $166,400 | 39,625 | 67,486 | 68 |
| NJ-533678 | 2.9 | Nov 25, 2025 | $140,900 | 49,082 | 55,465 | 66 |
| NJ-355515 | 10.9 | Oct 21, 2025 | $521,400 | 47,963 | 58,340 | 66 |
| NJ-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 64,793 | 65 |
| NJ-886293 | 19.1 | Jan 31, 2025 | $651,600 | 34,135 | 55,278 | 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.