Comparable sales & offer analysis
Parcel NJ-993680
Salem County, NJ · 2.88 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$82,300
Adjusted value
$82,967
Value range
$61,062–$104,871
Comp $/acre
$28,808/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.8% versus the adjusted value.
Offer position
Max allowable offer
$47,409
Offer $/acre
$16,462/ac
Projected profit
$24,890
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 | 23,743 | 78 |
| NJ-724035 | 3.7 | Jul 3, 2025 | $168,300 | 45,245 | 34,991 | 74 |
| NJ-253952 | 3.5 | Jul 6, 2024 | $51,200 | 14,620 | 23,100 | 74 |
| NJ-894649 | 5.8 | Mar 16, 2025 | $160,400 | 27,658 | 26,035 | 72 |
| NJ-494569 | 5.5 | Jun 12, 2025 | $68,900 | 12,570 | 24,666 | 70 |
| NJ-882985 | 1.7 | Nov 18, 2024 | $56,600 | 32,507 | 42,799 | 67 |
| NJ-582125 | 0.9 | May 29, 2025 | $20,800 | 22,352 | 28,588 | 67 |
| NJ-555373 | 9.8 | Jun 12, 2025 | $108,900 | 11,112 | 17,888 | 64 |
| NJ-352247 | 1.0 | Jan 25, 2025 | $36,300 | 35,615 | 39,161 | 61 |
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.