Comparable sales & offer analysis
Parcel NJ-757985
Salem County, NJ · 65.04 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,049,900
Adjusted value
$1,655,142
Value range
$1,522,731–$1,787,554
Comp $/acre
$25,448/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.6% versus the adjusted value.
Offer position
Max allowable offer
$945,796
Offer $/acre
$14,542/ac
Projected profit
$496,543
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 | 23,533 | 79 |
| NJ-828119 | 71.7 | Jul 17, 2024 | $1,443,900 | 20,144 | 27,448 | 75 |
| NJ-976688 | 25.4 | Jul 27, 2026 | $384,000 | 15,108 | 27,042 | 72 |
| NJ-406631 | 24.4 | Jan 5, 2026 | $657,100 | 26,942 | 24,026 | 68 |
| NJ-557549 | 47.4 | May 25, 2024 | $818,400 | 17,255 | 25,196 | 66 |
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.