Comparable sales & offer analysis
Parcel NJ-466862
Hunterdon County, NJ · 28.83 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$743,000
Adjusted value
$994,348
Value range
$835,110–$1,153,586
Comp $/acre
$34,490/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.3% versus the adjusted value.
Offer position
Max allowable offer
$568,199
Offer $/acre
$19,709/ac
Projected profit
$298,304
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-316872 | 29.0 | Aug 10, 2025 | $890,200 | 30,653 | 32,168 | 81 |
| NJ-407248 | 38.1 | Feb 2, 2026 | $688,300 | 18,046 | 28,680 | 74 |
| NJ-497698 | 52.8 | Oct 24, 2024 | $2,574,200 | 48,727 | 40,969 | 69 |
| NJ-319538 | 200.4 | Jul 27, 2026 | $3,360,200 | 16,771 | 26,238 | 64 |
| NJ-914086 | 3.9 | Nov 20, 2025 | $118,800 | 30,782 | 36,684 | 62 |
| NJ-665550 | 11.2 | Dec 19, 2023 | $514,900 | 46,180 | 37,835 | 55 |
| NJ-774088 | 3.9 | Jun 1, 2024 | $207,200 | 53,534 | 41,884 | 51 |
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.