Comparable sales & offer analysis
Parcel NJ-211573
Essex County, NJ · 0.63 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,300
Adjusted value
$33,369
Value range
$28,552–$38,186
Comp $/acre
$52,966/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.2% versus the adjusted value.
Offer position
Max allowable offer
$19,068
Offer $/acre
$30,266/ac
Projected profit
$10,011
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-560433 | 0.3 | Jul 27, 2026 | $12,200 | 40,749 | 49,928 | 77 |
| NJ-470366 | 0.3 | Jul 27, 2026 | $9,000 | 29,948 | 54,598 | 74 |
| NJ-670494 | 0.3 | May 15, 2026 | $7,400 | 24,726 | 45,453 | 68 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 68,368 | 67 |
| NJ-530563 | 0.3 | Apr 3, 2024 | $11,900 | 39,808 | 45,858 | 66 |
| NJ-603063 | 1.8 | Feb 23, 2024 | $48,800 | 26,502 | 54,050 | 59 |
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.