Comparable sales & offer analysis
Parcel NJ-355515
Mercer County, NJ · 10.87 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$560,600
Adjusted value
$519,138
Value range
$441,168–$597,108
Comp $/acre
$47,759/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.0% versus the adjusted value.
Offer position
Max allowable offer
$296,650
Offer $/acre
$27,291/ac
Projected profit
$155,741
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-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 42,529 | 83 |
| NJ-525333 | 9.5 | Feb 25, 2026 | $484,700 | 50,915 | 44,416 | 80 |
| NJ-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 55,396 | 78 |
| NJ-384610 | 5.6 | Jul 27, 2026 | $294,900 | 52,282 | 52,755 | 74 |
| NJ-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 44,327 | 70 |
| NJ-886293 | 19.1 | Jan 31, 2025 | $651,600 | 34,135 | 47,261 | 67 |
| NJ-486998 | 31.8 | Jan 6, 2026 | $1,055,400 | 33,168 | 60,238 | 66 |
| NJ-846079 | 16.4 | May 5, 2024 | $335,700 | 20,531 | 33,790 | 66 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 53,509 | 65 |
| NJ-824731 | 6.2 | Aug 19, 2025 | $299,800 | 48,662 | 43,568 | 65 |
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.
