Comparable sales & offer analysis
Parcel NJ-582125
Salem County, NJ · 0.93 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,400
Adjusted value
$24,775
Value range
$18,884–$30,665
Comp $/acre
$26,639/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.7% versus the adjusted value.
Offer position
Max allowable offer
$14,157
Offer $/acre
$15,223/ac
Projected profit
$7,432
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-111676 | 0.7 | Apr 28, 2026 | $24,500 | 36,523 | 30,045 | 76 |
| NJ-352247 | 1.0 | Jan 25, 2025 | $36,300 | 35,615 | 32,352 | 75 |
| NJ-831521 | 0.6 | Aug 24, 2025 | $14,800 | 24,624 | 21,831 | 73 |
| NJ-630517 | 0.3 | Jul 27, 2026 | $14,000 | 46,813 | 32,654 | 71 |
| NJ-882985 | 1.7 | Nov 18, 2024 | $56,600 | 32,507 | 35,358 | 69 |
| NJ-543447 | 2.4 | Jan 1, 2026 | $77,100 | 31,718 | 19,615 | 67 |
| NJ-410164 | 0.3 | Jul 2, 2025 | $5,400 | 18,005 | 18,611 | 66 |
| NJ-993680 | 2.9 | Feb 17, 2025 | $68,100 | 23,661 | 20,882 | 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.