Comparable sales & offer analysis
Parcel NJ-231436
Hunterdon County, NJ · 0.57 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$18,800
Adjusted value
$21,870
Value range
$16,100–$27,639
Comp $/acre
$38,368/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.0% versus the adjusted value.
Offer position
Max allowable offer
$12,497
Offer $/acre
$21,925/ac
Projected profit
$6,561
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-510973 | 0.4 | Apr 27, 2026 | $8,700 | 21,635 | 37,839 | 77 |
| NJ-622140 | 0.9 | Sep 6, 2025 | $41,000 | 43,593 | 45,491 | 75 |
| NJ-670710 | 0.3 | Dec 30, 2025 | $9,000 | 27,333 | 32,919 | 74 |
| NJ-952042 | 0.9 | Oct 25, 2025 | $43,300 | 49,215 | 59,357 | 73 |
| NJ-120888 | 0.4 | Feb 14, 2024 | $8,300 | 21,717 | 27,852 | 71 |
| NJ-960876 | 0.4 | Jun 15, 2024 | $13,500 | 35,491 | 31,678 | 70 |
| NJ-912666 | 1.4 | Jun 1, 2024 | $40,200 | 29,113 | 32,080 | 64 |
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.