Comparable sales & offer analysis
Parcel NJ-494569
Salem County, NJ · 5.48 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$83,900
Adjusted value
$86,932
Value range
$65,846–$108,017
Comp $/acre
$15,863/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.5% versus the adjusted value.
Offer position
Max allowable offer
$49,675
Offer $/acre
$9,065/ac
Projected profit
$26,080
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-894649 | 5.8 | Mar 16, 2025 | $160,400 | 27,658 | 13,997 | 79 |
| NJ-724035 | 3.7 | Jul 3, 2025 | $168,300 | 45,245 | 18,812 | 72 |
| NJ-715934 | 14.7 | Jul 27, 2026 | $504,900 | 34,299 | 18,234 | 70 |
| NJ-993680 | 2.9 | Feb 17, 2025 | $68,100 | 23,661 | 13,589 | 69 |
| NJ-695788 | 13.2 | Jul 27, 2026 | $367,200 | 27,738 | 16,406 | 68 |
| NJ-566066 | 16.2 | Jan 5, 2026 | $506,200 | 31,248 | 20,266 | 67 |
| NJ-555373 | 9.8 | Jun 12, 2025 | $108,900 | 11,112 | 9,617 | 67 |
| NJ-253952 | 3.5 | Jul 6, 2024 | $51,200 | 14,620 | 12,419 | 67 |
| NJ-543447 | 2.4 | Jan 1, 2026 | $77,100 | 31,718 | 12,765 | 65 |
| NJ-882985 | 1.7 | Nov 18, 2024 | $56,600 | 32,507 | 23,010 | 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.