Comparable sales & offer analysis
Parcel NJ-354019
Essex County, NJ · 3.68 ac · Unzoned · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$186,600
Adjusted value
$180,658
Value range
$141,823–$219,493
Comp $/acre
$49,092/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.3% versus the adjusted value.
Offer position
Max allowable offer
$103,233
Offer $/acre
$28,053/ac
Projected profit
$54,197
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 | 50,965 | 82 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 35,647 | 81 |
| NJ-844456 | 5.0 | Jul 27, 2026 | $215,000 | 42,568 | 53,011 | 81 |
| NJ-654942 | 7.2 | Jul 14, 2026 | $340,100 | 47,370 | 60,204 | 78 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 41,266 | 74 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 33,608 | 73 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 50,351 | 67 |
| NJ-134972 | 7.3 | Nov 10, 2023 | $532,700 | 72,677 | 61,408 | 66 |
| NJ-645680 | 12.3 | Feb 12, 2025 | $505,700 | 41,281 | 40,800 | 63 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 66,323 | 63 |
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.