Comparable sales & offer analysis
Parcel NJ-513029
Monmouth County, NJ · 1.79 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$45,700
Adjusted value
$62,457
Value range
$51,196–$73,718
Comp $/acre
$34,892/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.8% versus the adjusted value.
Offer position
Max allowable offer
$35,690
Offer $/acre
$19,938/ac
Projected profit
$18,737
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 | 23,821 | 79 |
| NJ-813604 | 2.7 | Feb 5, 2026 | $70,700 | 25,978 | 36,767 | 77 |
| NJ-512785 | 1.5 | Mar 23, 2025 | $53,300 | 35,500 | 37,475 | 75 |
| NJ-253658 | 2.8 | Mar 2, 2026 | $64,500 | 22,776 | 32,179 | 75 |
| NJ-531613 | 0.6 | Sep 18, 2024 | $11,900 | 18,660 | 34,567 | 66 |
| NJ-591365 | 0.5 | Nov 18, 2025 | $15,900 | 29,511 | 35,449 | 64 |
| NJ-161385 | 0.6 | Dec 27, 2023 | $17,100 | 31,069 | 46,753 | 61 |
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.