Comparable sales & offer analysis
Parcel NJ-891700
Mercer County, NJ · 0.69 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$34,400
Adjusted value
$24,998
Value range
$21,943–$28,052
Comp $/acre
$36,229/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +37.6% versus the adjusted value.
Offer position
Max allowable offer
$14,284
Offer $/acre
$20,702/ac
Projected profit
$7,499
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-121892 | 0.8 | Jun 8, 2026 | $31,400 | 39,699 | 40,276 | 87 |
| NJ-672530 | 1.3 | Jul 27, 2026 | $38,700 | 30,955 | 31,378 | 78 |
| NJ-752921 | 1.7 | Jan 25, 2026 | $43,800 | 26,387 | 40,325 | 74 |
| NJ-131171 | 0.5 | Aug 5, 2025 | $16,300 | 34,655 | 35,842 | 73 |
| NJ-840669 | 0.3 | Jul 27, 2026 | $10,700 | 33,552 | 33,292 | 70 |
| NJ-630467 | 0.3 | Jan 2, 2026 | $15,000 | 50,071 | 41,674 | 68 |
| NJ-792814 | 1.5 | Feb 11, 2024 | $32,200 | 20,903 | 29,287 | 59 |
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.