Comparable sales & offer analysis
Parcel NJ-715934
Salem County, NJ · 14.72 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$523,200
Adjusted value
$432,695
Value range
$348,273–$517,118
Comp $/acre
$29,395/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.9% versus the adjusted value.
Offer position
Max allowable offer
$247,254
Offer $/acre
$16,797/ac
Projected profit
$129,809
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-695788 | 13.2 | Jul 27, 2026 | $367,200 | 27,738 | 31,103 | 87 |
| NJ-566066 | 16.2 | Jan 5, 2026 | $506,200 | 31,248 | 38,421 | 81 |
| NJ-406631 | 24.4 | Jan 5, 2026 | $657,100 | 26,942 | 29,578 | 77 |
| NJ-976688 | 25.4 | Jul 27, 2026 | $384,000 | 15,108 | 33,292 | 76 |
| NJ-555373 | 9.8 | Jun 12, 2025 | $108,900 | 11,112 | 18,232 | 75 |
| NJ-894649 | 5.8 | Mar 16, 2025 | $160,400 | 27,658 | 26,536 | 63 |
| NJ-494569 | 5.5 | Jun 12, 2025 | $68,900 | 12,570 | 25,140 | 62 |
| NJ-557549 | 47.4 | May 25, 2024 | $818,400 | 17,255 | 31,019 | 62 |
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.