Comparable sales & offer analysis
Parcel NJ-327771
Salem County, NJ · 55.70 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$948,600
Adjusted value
$1,001,247
Value range
$803,222–$1,199,272
Comp $/acre
$17,976/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.3% versus the adjusted value.
Offer position
Max allowable offer
$572,141
Offer $/acre
$10,272/ac
Projected profit
$300,374
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-757985 | 65.0 | Jan 29, 2025 | $937,600 | 14,415 | 11,185 | 77 |
| NJ-557549 | 47.4 | May 25, 2024 | $818,400 | 17,255 | 18,266 | 77 |
| NJ-976688 | 25.4 | Jul 27, 2026 | $384,000 | 15,108 | 19,595 | 71 |
| NJ-828119 | 71.7 | Jul 17, 2024 | $1,443,900 | 20,144 | 19,898 | 69 |
| NJ-406631 | 24.4 | Jan 5, 2026 | $657,100 | 26,942 | 17,411 | 69 |
| NJ-566066 | 16.2 | Jan 5, 2026 | $506,200 | 31,248 | 22,617 | 63 |
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.