Comparable sales & offer analysis
Parcel NJ-111676
Salem County, NJ · 0.67 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$22,700
Adjusted value
$22,557
Value range
$17,445–$27,670
Comp $/acre
$33,667/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
$12,890
Offer $/acre
$19,238/ac
Projected profit
$6,767
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-831521 | 0.6 | Aug 24, 2025 | $14,800 | 24,624 | 26,875 | 73 |
| NJ-630517 | 0.3 | Jul 27, 2026 | $14,000 | 46,813 | 40,191 | 72 |
| NJ-352247 | 1.0 | Jan 25, 2025 | $36,300 | 35,615 | 39,833 | 72 |
| NJ-582125 | 0.9 | May 29, 2025 | $20,800 | 22,352 | 29,077 | 71 |
| NJ-410164 | 0.3 | Jul 2, 2025 | $5,400 | 18,005 | 22,912 | 64 |
| NJ-882985 | 1.7 | Nov 18, 2024 | $56,600 | 32,507 | 43,535 | 61 |
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.