Comparable sales & offer analysis
Parcel NJ-736907
Essex County, NJ · 29.79 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,044,200
Adjusted value
$892,894
Value range
$755,631–$1,030,157
Comp $/acre
$29,973/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.9% versus the adjusted value.
Offer position
Max allowable offer
$510,225
Offer $/acre
$17,127/ac
Projected profit
$267,868
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-376567 | 23.3 | Jun 24, 2026 | $647,700 | 27,809 | 31,354 | 83 |
| NJ-836532 | 22.7 | Aug 22, 2025 | $502,000 | 22,116 | 25,717 | 78 |
| NJ-287830 | 58.1 | Jul 27, 2026 | $2,453,800 | 42,206 | 34,499 | 75 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 33,759 | 74 |
| NJ-237336 | 40.6 | Dec 30, 2024 | $939,900 | 23,122 | 22,148 | 73 |
| NJ-378116 | 71.5 | Aug 31, 2024 | $2,311,900 | 32,325 | 35,226 | 66 |
| NJ-645680 | 12.3 | Feb 12, 2025 | $505,700 | 41,281 | 27,364 | 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.