Comparable sales & offer analysis
Parcel NJ-384610
Mercer County, NJ · 5.64 ac · Residential · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$359,600
Adjusted value
$271,191
Value range
$242,179–$300,202
Comp $/acre
$48,083/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.6% versus the adjusted value.
Offer position
Max allowable offer
$154,966
Offer $/acre
$27,476/ac
Projected profit
$81,357
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-984172 | 4.1 | Jul 27, 2026 | $133,500 | 32,470 | 44,028 | 79 |
| NJ-824731 | 6.2 | Aug 19, 2025 | $299,800 | 48,662 | 43,283 | 76 |
| NJ-525333 | 9.5 | Feb 25, 2026 | $484,700 | 50,915 | 44,120 | 76 |
| NJ-374176 | 4.1 | May 16, 2025 | $153,800 | 37,328 | 53,161 | 76 |
| NJ-854202 | 4.2 | Dec 29, 2024 | $166,400 | 39,625 | 57,328 | 75 |
| NJ-255420 | 10.1 | Jun 9, 2026 | $408,000 | 40,232 | 42,243 | 72 |
| NJ-775928 | 14.7 | Jun 1, 2026 | $615,400 | 41,977 | 55,023 | 72 |
| NJ-355515 | 10.9 | Oct 21, 2025 | $521,400 | 47,963 | 49,550 | 69 |
| NJ-533678 | 2.9 | Nov 25, 2025 | $140,900 | 49,082 | 47,107 | 69 |
| NJ-752921 | 1.7 | Jan 25, 2026 | $43,800 | 26,387 | 45,112 | 68 |
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.