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Comparable sales & offer analysis

Parcel NJ-459915

Bergen County, NJ · 263 ac · Agricultural · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$5,698,300
Adjusted value
$4,413,413
Value range
$3,737,736–$5,089,090
Comp $/acre
$16,763/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.1% versus the adjusted value.

Offer position

Max allowable offer
$2,521,950
Offer $/acre
$9,579/ac
Projected profit
$1,324,024
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NJ-78802967.2Feb 13, 2026$1,489,00022,17418,70568
NJ-758976133.3Dec 12, 2024$2,726,90020,44921,35367
NJ-67810971.2Mar 11, 2026$826,40011,61314,55166
NJ-478592101.0Jan 24, 2025$1,875,00018,57015,28766
NJ-99837686.3Jul 6, 2025$1,603,60018,57314,41859
NJ-43762950.3Feb 25, 2025$825,50016,42415,75855
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.