Comparable sales & offer analysis
Parcel NJ-670494
Essex County, NJ · 0.30 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,800
Adjusted value
$8,346
Value range
$6,745–$9,946
Comp $/acre
$27,819/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.5% versus the adjusted value.
Offer position
Max allowable offer
$4,769
Offer $/acre
$15,897/ac
Projected profit
$2,504
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 | 30,182 | 88 |
| NJ-560433 | 0.3 | Jul 27, 2026 | $12,200 | 40,749 | 27,601 | 84 |
| NJ-530563 | 0.3 | Apr 3, 2024 | $11,900 | 39,808 | 25,351 | 73 |
| NJ-211573 | 0.6 | Jul 27, 2026 | $22,700 | 35,987 | 20,049 | 70 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 37,795 | 54 |
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.