Comparable sales & offer analysis
Parcel NJ-253658
Monmouth County, NJ · 2.83 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$62,700
Adjusted value
$70,772
Value range
$55,885–$85,660
Comp $/acre
$25,008/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.4% versus the adjusted value.
Offer position
Max allowable offer
$40,441
Offer $/acre
$14,290/ac
Projected profit
$21,232
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-463465 | 2.5 | Jul 27, 2026 | $51,600 | 20,993 | 17,279 | 86 |
| NJ-813604 | 2.7 | Feb 5, 2026 | $70,700 | 25,978 | 26,667 | 81 |
| NJ-512785 | 1.5 | Mar 23, 2025 | $53,300 | 35,500 | 27,175 | 69 |
| NJ-513029 | 1.8 | Oct 16, 2024 | $46,600 | 26,041 | 20,335 | 67 |
| NJ-424766 | 6.3 | Jan 29, 2024 | $233,900 | 37,015 | 34,865 | 65 |
| NJ-275012 | 7.5 | Apr 7, 2025 | $153,600 | 20,339 | 26,544 | 62 |
| NJ-845254 | 9.0 | Jul 4, 2025 | $194,100 | 21,571 | 24,271 | 62 |
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.