Comparable sales & offer analysis
Parcel NJ-654942
Essex County, NJ · 7.18 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$339,100
Adjusted value
$267,701
Value range
$218,847–$316,555
Comp $/acre
$37,284/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.7% versus the adjusted value.
Offer position
Max allowable offer
$152,972
Offer $/acre
$21,305/ac
Projected profit
$80,310
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-844456 | 5.0 | Jul 27, 2026 | $215,000 | 42,568 | 42,098 | 83 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 39,986 | 80 |
| NJ-134972 | 7.3 | Nov 10, 2023 | $532,700 | 72,677 | 48,766 | 74 |
| NJ-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 40,473 | 72 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 28,309 | 70 |
| NJ-376567 | 23.3 | Jun 24, 2026 | $647,700 | 27,809 | 37,136 | 68 |
| NJ-836532 | 22.7 | Aug 22, 2025 | $502,000 | 22,116 | 30,454 | 68 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 26,689 | 66 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 43,308 | 66 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 32,771 | 66 |
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.