Comparable sales & offer analysis
Parcel NJ-724035
Salem County, NJ · 3.72 ac · Agricultural · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$170,700
Adjusted value
$130,999
Value range
$96,295–$165,702
Comp $/acre
$35,215/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.3% versus the adjusted value.
Offer position
Max allowable offer
$74,856
Offer $/acre
$20,123/ac
Projected profit
$39,300
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-543447 | 2.4 | Jan 1, 2026 | $77,100 | 31,718 | 32,140 | 75 |
| NJ-993680 | 2.9 | Feb 17, 2025 | $68,100 | 23,661 | 34,223 | 73 |
| NJ-494569 | 5.5 | Jun 12, 2025 | $68,900 | 12,570 | 33,394 | 72 |
| NJ-253952 | 3.5 | Jul 6, 2024 | $51,200 | 14,620 | 31,280 | 71 |
| NJ-894649 | 5.8 | Mar 16, 2025 | $160,400 | 27,658 | 35,249 | 70 |
| NJ-555373 | 9.8 | Jun 12, 2025 | $108,900 | 11,112 | 24,217 | 66 |
| NJ-882985 | 1.7 | Nov 18, 2024 | $56,600 | 32,507 | 57,950 | 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.