Comparable sales & offer analysis
Parcel NJ-654942
Essex County, NJ · 7.18 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$339,100
Adjusted value
$266,289
Value range
$217,785–$314,792
Comp $/acre
$37,088/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.3% versus the adjusted value.
Offer position
Max allowable offer
$152,165
Offer $/acre
$21,193/ac
Projected profit
$79,887
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 | 41,865 | 84 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 39,764 | 81 |
| NJ-134972 | 7.3 | Nov 10, 2023 | $532,700 | 72,677 | 48,523 | 75 |
| NJ-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 40,248 | 73 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 28,158 | 71 |
| NJ-376567 | 23.3 | Jun 24, 2026 | $647,700 | 27,809 | 36,931 | 70 |
| NJ-836532 | 22.7 | Aug 22, 2025 | $502,000 | 22,116 | 30,292 | 69 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 26,554 | 66 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 43,092 | 66 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 32,600 | 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.