Comparable sales & offer analysis
Parcel NJ-134972
Essex County, NJ · 7.33 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$549,200
Adjusted value
$463,126
Value range
$389,166–$537,087
Comp $/acre
$63,182/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.6% versus the adjusted value.
Offer position
Max allowable offer
$264,644
Offer $/acre
$36,104/ac
Projected profit
$138,938
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-654942 | 7.2 | Jul 14, 2026 | $340,100 | 47,370 | 79,487 | 88 |
| NJ-844456 | 5.0 | Jul 27, 2026 | $215,000 | 42,568 | 69,990 | 83 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 66,478 | 79 |
| NJ-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 67,288 | 71 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 47,075 | 68 |
| NJ-645680 | 12.3 | Feb 12, 2025 | $505,700 | 41,281 | 53,885 | 68 |
| NJ-376567 | 23.3 | Jun 24, 2026 | $647,700 | 27,809 | 61,742 | 67 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 72,042 | 66 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 54,501 | 63 |
| NJ-836532 | 22.7 | Aug 22, 2025 | $502,000 | 22,116 | 50,642 | 62 |
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.