Comparable sales & offer analysis
Parcel NJ-131171
Mercer County, NJ · 0.47 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,000
Adjusted value
$18,093
Value range
$14,698–$21,488
Comp $/acre
$38,496/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.6% versus the adjusted value.
Offer position
Max allowable offer
$10,339
Offer $/acre
$21,998/ac
Projected profit
$5,428
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-840669 | 0.3 | Jul 27, 2026 | $10,700 | 33,552 | 33,760 | 85 |
| NJ-630467 | 0.3 | Jan 2, 2026 | $15,000 | 50,071 | 42,260 | 75 |
| NJ-121892 | 0.8 | Jun 8, 2026 | $31,400 | 39,699 | 40,843 | 73 |
| NJ-672530 | 1.3 | Jul 27, 2026 | $38,700 | 30,955 | 31,820 | 69 |
| NJ-891700 | 0.7 | Sep 15, 2024 | $32,200 | 46,664 | 51,397 | 69 |
| NJ-792814 | 1.5 | Feb 11, 2024 | $32,200 | 20,903 | 29,699 | 55 |
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.