Comparable sales & offer analysis
Parcel NJ-314100
Essex County, NJ · 3.90 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$112,400
Adjusted value
$134,380
Value range
$108,230–$160,529
Comp $/acre
$34,456/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.4% versus the adjusted value.
Offer position
Max allowable offer
$76,788
Offer $/acre
$19,689/ac
Projected profit
$40,314
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 | 36,857 | 83 |
| NJ-363624 | 2.8 | Jul 27, 2026 | $98,100 | 35,547 | 35,434 | 81 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 24,784 | 76 |
| NJ-654942 | 7.2 | Jul 14, 2026 | $340,100 | 47,370 | 41,858 | 75 |
| NJ-755500 | 10.8 | Jul 27, 2026 | $483,100 | 44,936 | 35,008 | 75 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 23,367 | 74 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 37,917 | 71 |
| NJ-603063 | 1.8 | Feb 23, 2024 | $48,800 | 26,502 | 36,455 | 63 |
| NJ-645680 | 12.3 | Feb 12, 2025 | $505,700 | 41,281 | 28,367 | 61 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 46,113 | 59 |
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.