Comparable sales & offer analysis
Parcel NJ-530563
Essex County, NJ · 0.30 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,800
Adjusted value
$14,368
Value range
$11,576–$17,160
Comp $/acre
$47,894/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.9% versus the adjusted value.
Offer position
Max allowable offer
$8,210
Offer $/acre
$27,368/ac
Projected profit
$4,310
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-470366 | 0.3 | Jul 27, 2026 | $9,000 | 29,948 | 52,375 | 89 |
| NJ-560433 | 0.3 | Jul 27, 2026 | $12,200 | 40,749 | 47,896 | 87 |
| NJ-670494 | 0.3 | May 15, 2026 | $7,400 | 24,726 | 43,603 | 83 |
| NJ-211573 | 0.6 | Jul 27, 2026 | $22,700 | 35,987 | 34,792 | 78 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 65,585 | 55 |
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.