Comparable sales & offer analysis
Parcel NJ-531613
Monmouth County, NJ · 0.64 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,100
Adjusted value
$14,065
Value range
$11,634–$16,497
Comp $/acre
$21,977/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.0% versus the adjusted value.
Offer position
Max allowable offer
$8,037
Offer $/acre
$12,558/ac
Projected profit
$4,220
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-591365 | 0.5 | Nov 18, 2025 | $15,900 | 29,511 | 20,782 | 77 |
| NJ-161385 | 0.6 | Dec 27, 2023 | $17,100 | 31,069 | 27,399 | 77 |
| NJ-700888 | 0.4 | Jan 6, 2026 | $7,500 | 19,760 | 18,901 | 76 |
| NJ-190152 | 0.3 | Mar 27, 2026 | $9,600 | 31,840 | 25,936 | 70 |
| NJ-513029 | 1.8 | Oct 16, 2024 | $46,600 | 26,041 | 16,438 | 66 |
| NJ-512785 | 1.5 | Mar 23, 2025 | $53,300 | 35,500 | 21,968 | 65 |
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.