Comparable sales & offer analysis
Parcel NJ-363624
Essex County, NJ · 2.76 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$98,800
Adjusted value
$97,516
Value range
$76,519–$118,512
Comp $/acre
$35,332/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.3% versus the adjusted value.
Offer position
Max allowable offer
$55,723
Offer $/acre
$20,190/ac
Projected profit
$29,255
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 | 37,056 | 76 |
| NJ-654942 | 7.2 | Jul 14, 2026 | $340,100 | 47,370 | 42,084 | 73 |
| NJ-314100 | 3.9 | Jan 29, 2025 | $104,500 | 26,803 | 28,855 | 72 |
| NJ-634129 | 4.0 | Jul 8, 2025 | $87,200 | 21,899 | 24,924 | 72 |
| NJ-443805 | 3.1 | Apr 20, 2024 | $79,100 | 25,099 | 23,504 | 70 |
| NJ-354019 | 3.7 | Dec 13, 2023 | $179,500 | 48,780 | 38,142 | 69 |
| NJ-603063 | 1.8 | Feb 23, 2024 | $48,800 | 26,502 | 36,670 | 68 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 46,383 | 64 |
| NJ-134972 | 7.3 | Nov 10, 2023 | $532,700 | 72,677 | 42,950 | 57 |
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.