Comparable sales & offer analysis
Parcel NJ-603063
Essex County, NJ · 1.84 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$57,100
Adjusted value
$48,065
Value range
$36,780–$59,349
Comp $/acre
$26,122/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.8% versus the adjusted value.
Offer position
Max allowable offer
$27,466
Offer $/acre
$14,927/ac
Projected profit
$14,419
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-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 28,586 | 80 |
| NJ-844456 | 5.0 | Jul 27, 2026 | $215,000 | 42,568 | 29,733 | 74 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 37,200 | 72 |
| NJ-211573 | 0.6 | Jul 27, 2026 | $22,700 | 35,987 | 19,734 | 71 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 19,994 | 69 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 23,146 | 66 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 18,850 | 62 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 30,588 | 60 |
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.