Comparable sales & offer analysis
Parcel NJ-512785
Monmouth County, NJ · 1.50 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$62,500
Adjusted value
$50,398
Value range
$40,324–$60,472
Comp $/acre
$33,599/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.0% versus the adjusted value.
Offer position
Max allowable offer
$28,799
Offer $/acre
$19,199/ac
Projected profit
$15,119
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 | 24,024 | 82 |
| NJ-253658 | 2.8 | Mar 2, 2026 | $64,500 | 22,776 | 32,450 | 74 |
| NJ-513029 | 1.8 | Oct 16, 2024 | $46,600 | 26,041 | 28,273 | 73 |
| NJ-813604 | 2.7 | Feb 5, 2026 | $70,700 | 25,978 | 37,077 | 68 |
| NJ-591365 | 0.5 | Nov 18, 2025 | $15,900 | 29,511 | 35,746 | 64 |
| NJ-531613 | 0.6 | Sep 18, 2024 | $11,900 | 18,660 | 34,848 | 63 |
| NJ-161385 | 0.6 | Dec 27, 2023 | $17,100 | 31,069 | 47,127 | 60 |
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.