Comparable sales & offer analysis
Parcel NJ-407248
Hunterdon County, NJ · 38.14 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$683,500
Adjusted value
$798,134
Value range
$640,461–$955,806
Comp $/acre
$20,926/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.4% versus the adjusted value.
Offer position
Max allowable offer
$456,076
Offer $/acre
$11,958/ac
Projected profit
$239,440
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 | 20,807 | 76 |
| NJ-497698 | 52.8 | Oct 24, 2024 | $2,574,200 | 48,727 | 26,500 | 73 |
| NJ-466862 | 28.8 | Feb 10, 2025 | $658,300 | 22,834 | 15,790 | 69 |
| NJ-319538 | 200.4 | Jul 27, 2026 | $3,360,200 | 16,771 | 16,972 | 65 |
| NJ-665550 | 11.2 | Dec 19, 2023 | $514,900 | 46,180 | 24,473 | 60 |
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.