Comparable sales & offer analysis
Parcel NJ-742533
Essex County, NJ · 1.25 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$74,100
Adjusted value
$55,369
Value range
$44,721–$66,017
Comp $/acre
$44,295/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.8% versus the adjusted value.
Offer position
Max allowable offer
$31,639
Offer $/acre
$25,312/ac
Projected profit
$16,611
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-211573 | 0.6 | Jul 27, 2026 | $22,700 | 35,987 | 35,837 | 80 |
| NJ-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 51,912 | 77 |
| NJ-603063 | 1.8 | Feb 23, 2024 | $48,800 | 26,502 | 53,435 | 72 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 36,318 | 65 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 55,579 | 62 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 42,047 | 62 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 34,249 | 61 |
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.