Comparable sales & offer analysis
Parcel NJ-622140
Hunterdon County, NJ · 0.94 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$39,900
Adjusted value
$34,541
Value range
$25,554–$43,527
Comp $/acre
$36,746/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.5% versus the adjusted value.
Offer position
Max allowable offer
$19,738
Offer $/acre
$20,997/ac
Projected profit
$10,362
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-952042 | 0.9 | Oct 25, 2025 | $43,300 | 49,215 | 59,130 | 78 |
| NJ-670710 | 0.3 | Dec 30, 2025 | $9,000 | 27,333 | 32,793 | 75 |
| NJ-510973 | 0.4 | Apr 27, 2026 | $8,700 | 21,635 | 37,694 | 75 |
| NJ-231436 | 0.6 | Feb 11, 2025 | $19,900 | 34,895 | 36,964 | 72 |
| NJ-912666 | 1.4 | Jun 1, 2024 | $40,200 | 29,113 | 31,957 | 72 |
| NJ-960876 | 0.4 | Jun 15, 2024 | $13,500 | 35,491 | 31,557 | 64 |
| NJ-893527 | 2.6 | Aug 12, 2024 | $52,600 | 20,483 | 30,890 | 60 |
| NJ-120888 | 0.4 | Feb 14, 2024 | $8,300 | 21,717 | 27,745 | 58 |
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.