Comparable sales & offer analysis
Parcel NJ-120888
Hunterdon County, NJ · 0.38 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,200
Adjusted value
$13,265
Value range
$10,196–$16,334
Comp $/acre
$34,907/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.6% versus the adjusted value.
Offer position
Max allowable offer
$7,580
Offer $/acre
$19,947/ac
Projected profit
$3,979
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 | 32,607 | 81 |
| NJ-670710 | 0.3 | Dec 30, 2025 | $9,000 | 27,333 | 28,367 | 75 |
| NJ-231436 | 0.6 | Feb 11, 2025 | $19,900 | 34,895 | 31,975 | 74 |
| NJ-952042 | 0.9 | Oct 25, 2025 | $43,300 | 49,215 | 51,149 | 72 |
| NJ-960876 | 0.4 | Jun 15, 2024 | $13,500 | 35,491 | 27,297 | 72 |
| NJ-622140 | 0.9 | Sep 6, 2025 | $41,000 | 43,593 | 39,200 | 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.