Comparable sales & offer analysis
Parcel NJ-269438
Mercer County, NJ · 186 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,927,300
Adjusted value
$4,302,177
Value range
$3,210,510–$5,393,845
Comp $/acre
$23,085/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.7% versus the adjusted value.
Offer position
Max allowable offer
$2,458,387
Offer $/acre
$13,192/ac
Projected profit
$1,290,653
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-549417 | 183.5 | Jul 27, 2026 | $6,776,100 | 36,919 | 31,494 | 85 |
| NJ-518994 | 135.1 | Jul 27, 2026 | $2,215,500 | 16,399 | 14,981 | 80 |
| NJ-557353 | 41.1 | Jul 27, 2026 | $809,600 | 19,675 | 20,428 | 67 |
| NJ-486998 | 31.8 | Jan 6, 2026 | $1,055,400 | 33,168 | 28,631 | 61 |
| NJ-386693 | 25.5 | Sep 10, 2025 | $525,600 | 20,605 | 20,483 | 60 |
| NJ-488397 | 87.7 | Oct 25, 2024 | $2,181,800 | 24,887 | 21,891 | 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.