Comparable sales & offer analysis
Parcel NJ-488397
Mercer County, NJ · 87.67 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,470,900
Adjusted value
$2,455,334
Value range
$1,824,631–$3,086,037
Comp $/acre
$28,007/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.6% versus the adjusted value.
Offer position
Max allowable offer
$1,403,048
Offer $/acre
$16,004/ac
Projected profit
$736,600
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-518994 | 135.1 | Jul 27, 2026 | $2,215,500 | 16,399 | 18,419 | 84 |
| NJ-549417 | 183.5 | Jul 27, 2026 | $6,776,100 | 36,919 | 38,721 | 80 |
| NJ-557353 | 41.1 | Jul 27, 2026 | $809,600 | 19,675 | 25,116 | 72 |
| NJ-486998 | 31.8 | Jan 6, 2026 | $1,055,400 | 33,168 | 35,201 | 68 |
| NJ-269438 | 186.4 | Oct 14, 2025 | $3,683,800 | 19,767 | 25,294 | 62 |
| NJ-386693 | 25.5 | Sep 10, 2025 | $525,600 | 20,605 | 25,183 | 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.