Comparable sales & offer analysis
Parcel NJ-634129
Essex County, NJ · 3.98 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$101,700
Adjusted value
$128,461
Value range
$107,281–$149,641
Comp $/acre
$32,277/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.8% versus the adjusted value.
Offer position
Max allowable offer
$73,406
Offer $/acre
$18,444/ac
Projected profit
$38,538
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 | 34,260 | 82 |
| NJ-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 32,937 | 78 |
| NJ-654942 | 7.2 | Jul 14, 2026 | $340,100 | 47,370 | 38,908 | 77 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 35,245 | 76 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 26,669 | 74 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 32,541 | 70 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 21,720 | 70 |
| NJ-603063 | 1.8 | Feb 23, 2024 | $48,800 | 26,502 | 33,886 | 64 |
| NJ-645680 | 12.3 | Feb 12, 2025 | $505,700 | 41,281 | 26,368 | 64 |
| NJ-134972 | 7.3 | Nov 10, 2023 | $532,700 | 72,677 | 39,687 | 62 |
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.