Comparable sales & offer analysis
Parcel NJ-120888
Hunterdon County, NJ · 0.38 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,200
Adjusted value
$13,333
Value range
$10,247–$16,418
Comp $/acre
$35,086/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.0% versus the adjusted value.
Offer position
Max allowable offer
$7,619
Offer $/acre
$20,049/ac
Projected profit
$4,000
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 | 32,787 | 80 |
| NJ-670710 | 0.3 | Dec 30, 2025 | $9,000 | 27,333 | 28,522 | 74 |
| NJ-231436 | 0.6 | Feb 11, 2025 | $19,900 | 34,895 | 32,144 | 74 |
| NJ-960876 | 0.4 | Jun 15, 2024 | $13,500 | 35,491 | 27,438 | 71 |
| NJ-952042 | 0.9 | Oct 25, 2025 | $43,300 | 49,215 | 51,426 | 71 |
| NJ-622140 | 0.9 | Sep 6, 2025 | $41,000 | 43,593 | 39,411 | 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.