Comparable sales & offer analysis
Parcel NJ-560433
Essex County, NJ · 0.30 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,100
Adjusted value
$12,217
Value range
$9,686–$14,748
Comp $/acre
$40,724/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.4% versus the adjusted value.
Offer position
Max allowable offer
$6,981
Offer $/acre
$23,271/ac
Projected profit
$3,665
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 | 44,908 | 88 |
| NJ-670494 | 0.3 | May 15, 2026 | $7,400 | 24,726 | 37,386 | 82 |
| NJ-211573 | 0.6 | Jul 27, 2026 | $22,700 | 35,987 | 29,831 | 77 |
| NJ-530563 | 0.3 | Apr 3, 2024 | $11,900 | 39,808 | 37,720 | 75 |
| NJ-742533 | 1.3 | May 1, 2024 | $77,100 | 61,651 | 56,234 | 63 |
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.
