Comparable sales & offer analysis
Parcel NJ-824731
Mercer County, NJ · 6.16 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$286,300
Adjusted value
$353,980
Value range
$318,740–$389,220
Comp $/acre
$57,464/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.1% versus the adjusted value.
Offer position
Max allowable offer
$202,274
Offer $/acre
$32,837/ac
Projected profit
$106,194
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 | 61,361 | 84 |
| NJ-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 51,558 | 82 |
| NJ-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 49,468 | 77 |
| NJ-525333 | 9.5 | Feb 25, 2026 | $484,700 | 50,915 | 51,666 | 75 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 62,255 | 73 |
| NJ-854202 | 4.2 | Dec 29, 2024 | $166,400 | 39,625 | 67,134 | 69 |
| NJ-533678 | 2.9 | Nov 25, 2025 | $140,900 | 49,082 | 55,164 | 67 |
| NJ-355515 | 10.9 | Oct 21, 2025 | $521,400 | 47,963 | 58,025 | 67 |
| NJ-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 64,435 | 67 |
| NJ-886293 | 19.1 | Jan 31, 2025 | $651,600 | 34,135 | 54,988 | 63 |
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.