Comparable sales & offer analysis
Parcel NJ-630517
Salem County, NJ · 0.30 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,200
Adjusted value
$10,763
Value range
$8,546–$12,979
Comp $/acre
$35,875/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.9% versus the adjusted value.
Offer position
Max allowable offer
$6,150
Offer $/acre
$20,500/ac
Projected profit
$3,229
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-410164 | 0.3 | Jul 2, 2025 | $5,400 | 18,005 | 26,888 | 79 |
| NJ-831521 | 0.6 | Aug 24, 2025 | $14,800 | 24,624 | 31,540 | 71 |
| NJ-111676 | 0.7 | Apr 28, 2026 | $24,500 | 36,523 | 43,408 | 68 |
| NJ-582125 | 0.9 | May 29, 2025 | $20,800 | 22,352 | 34,122 | 63 |
| NJ-352247 | 1.0 | Jan 25, 2025 | $36,300 | 35,615 | 46,741 | 57 |
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.