Comparable sales & offer analysis
Parcel NJ-211573
Essex County, NJ · 0.63 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$24,300
Adjusted value
$33,181
Value range
$28,395–$37,966
Comp $/acre
$52,667/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.8% versus the adjusted value.
Offer position
Max allowable offer
$18,960
Offer $/acre
$30,096/ac
Projected profit
$9,954
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 | 49,651 | 79 |
| NJ-470366 | 0.3 | Jul 27, 2026 | $9,000 | 29,948 | 54,294 | 76 |
| NJ-670494 | 0.3 | May 15, 2026 | $7,400 | 24,726 | 45,203 | 69 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 68,021 | 67 |
| NJ-530563 | 0.3 | Apr 3, 2024 | $11,900 | 39,808 | 45,626 | 66 |
| NJ-603063 | 1.8 | Feb 23, 2024 | $48,800 | 26,502 | 53,777 | 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.
