Comparable sales & offer analysis
Parcel NJ-757985
Salem County, NJ · 65.04 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,049,900
Adjusted value
$1,646,399
Value range
$1,514,687–$1,778,111
Comp $/acre
$25,314/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.2% versus the adjusted value.
Offer position
Max allowable offer
$940,800
Offer $/acre
$14,465/ac
Projected profit
$493,920
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 | 23,407 | 80 |
| NJ-828119 | 71.7 | Jul 17, 2024 | $1,443,900 | 20,144 | 27,308 | 76 |
| NJ-976688 | 25.4 | Jul 27, 2026 | $384,000 | 15,108 | 26,893 | 73 |
| NJ-406631 | 24.4 | Jan 5, 2026 | $657,100 | 26,942 | 23,896 | 69 |
| NJ-557549 | 47.4 | May 25, 2024 | $818,400 | 17,255 | 25,069 | 67 |
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.