Comparable sales & offer analysis
Parcel NJ-557549
Salem County, NJ · 47.43 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$760,600
Adjusted value
$895,093
Value range
$733,582–$1,056,605
Comp $/acre
$18,872/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.0% versus the adjusted value.
Offer position
Max allowable offer
$511,482
Offer $/acre
$10,784/ac
Projected profit
$268,528
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-327771 | 55.7 | Aug 24, 2025 | $912,600 | 16,383 | 17,618 | 82 |
| NJ-715934 | 14.7 | Jul 27, 2026 | $504,900 | 34,299 | 21,017 | 75 |
| NJ-976688 | 25.4 | Jul 27, 2026 | $384,000 | 15,108 | 20,242 | 73 |
| NJ-828119 | 71.7 | Jul 17, 2024 | $1,443,900 | 20,144 | 20,555 | 72 |
| NJ-406631 | 24.4 | Jan 5, 2026 | $657,100 | 26,942 | 17,986 | 70 |
| NJ-757985 | 65.0 | Jan 29, 2025 | $937,600 | 14,415 | 11,554 | 69 |
| NJ-566066 | 16.2 | Jan 5, 2026 | $506,200 | 31,248 | 23,363 | 64 |
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.