Comparable sales & offer analysis
Parcel NJ-182988
Middlesex County, NJ · 1.74 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$58,200
Adjusted value
$66,321
Value range
$51,934–$80,708
Comp $/acre
$38,115/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.2% versus the adjusted value.
Offer position
Max allowable offer
$37,898
Offer $/acre
$21,780/ac
Projected profit
$19,896
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-862941 | 1.7 | Dec 13, 2025 | $32,400 | 19,289 | 29,653 | 78 |
| NJ-274911 | 7.0 | Jul 27, 2026 | $163,800 | 23,338 | 24,998 | 66 |
| NJ-445955 | 14.9 | Jul 27, 2026 | $659,500 | 44,117 | 40,736 | 65 |
| NJ-854821 | 6.6 | Jan 2, 2025 | $405,700 | 61,755 | 50,559 | 63 |
| NJ-814511 | 5.3 | Jul 10, 2024 | $216,700 | 41,274 | 47,236 | 59 |
| NJ-500306 | 0.3 | May 13, 2024 | $7,700 | 25,587 | 35,086 | 53 |
| NJ-425444 | 10.3 | Aug 7, 2024 | $507,700 | 49,195 | 40,829 | 50 |
| NJ-595856 | 13.9 | Mar 12, 2025 | $653,600 | 46,988 | 39,158 | 49 |
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.