Comparable sales & offer analysis
Parcel NJ-327408
Monmouth County, NJ · 42.82 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,100,700
Adjusted value
$873,343
Value range
$682,490–$1,064,195
Comp $/acre
$20,396/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.0% versus the adjusted value.
Offer position
Max allowable offer
$499,053
Offer $/acre
$11,655/ac
Projected profit
$262,003
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-778337 | 83.9 | Jan 26, 2026 | $1,589,900 | 18,941 | 22,487 | 78 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 23,190 | 77 |
| NJ-986614 | 24.1 | Jul 27, 2026 | $293,400 | 12,178 | 13,128 | 75 |
| NJ-617467 | 44.7 | Feb 16, 2025 | $949,500 | 21,247 | 27,586 | 73 |
| NJ-458627 | 103.6 | Jul 27, 2026 | $1,440,400 | 13,909 | 20,517 | 73 |
| NJ-599049 | 140.6 | Jul 27, 2026 | $1,659,200 | 11,802 | 18,161 | 70 |
| NJ-297748 | 54.8 | Nov 9, 2024 | $955,800 | 17,449 | 23,271 | 70 |
| NJ-248114 | 71.4 | Jul 5, 2025 | $1,020,200 | 14,284 | 16,663 | 70 |
| NJ-847981 | 64.9 | Feb 8, 2024 | $649,300 | 10,011 | 14,246 | 69 |
| NJ-386563 | 23.2 | Jul 10, 2025 | $514,200 | 22,146 | 24,499 | 66 |
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.
