Comparable sales & offer analysis
Parcel NJ-555373
Salem County, NJ · 9.80 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$129,800
Adjusted value
$192,529
Value range
$162,823–$222,236
Comp $/acre
$19,646/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.6% versus the adjusted value.
Offer position
Max allowable offer
$110,017
Offer $/acre
$11,226/ac
Projected profit
$57,759
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-695788 | 13.2 | Jul 27, 2026 | $367,200 | 27,738 | 20,000 | 89 |
| NJ-715934 | 14.7 | Jul 27, 2026 | $504,900 | 34,299 | 22,228 | 83 |
| NJ-976688 | 25.4 | Jul 27, 2026 | $384,000 | 15,108 | 21,408 | 71 |
| NJ-566066 | 16.2 | Jan 5, 2026 | $506,200 | 31,248 | 24,706 | 70 |
| NJ-894649 | 5.8 | Mar 16, 2025 | $160,400 | 27,658 | 17,064 | 68 |
| NJ-494569 | 5.5 | Jun 12, 2025 | $68,900 | 12,570 | 16,166 | 67 |
| NJ-253952 | 3.5 | Jul 6, 2024 | $51,200 | 14,620 | 15,140 | 66 |
| NJ-406631 | 24.4 | Jan 5, 2026 | $657,100 | 26,942 | 19,020 | 65 |
| NJ-724035 | 3.7 | Jul 3, 2025 | $168,300 | 45,245 | 22,933 | 65 |
| NJ-993680 | 2.9 | Feb 17, 2025 | $68,100 | 23,661 | 16,566 | 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.