Comparable sales & offer analysis
Parcel NJ-297748
Monmouth County, NJ · 54.78 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,065,600
Adjusted value
$880,027
Value range
$696,974–$1,063,080
Comp $/acre
$16,065/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.1% versus the adjusted value.
Offer position
Max allowable offer
$502,873
Offer $/acre
$9,180/ac
Projected profit
$264,008
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-248114 | 71.4 | Jul 5, 2025 | $1,020,200 | 14,284 | 13,491 | 77 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 18,775 | 77 |
| NJ-847981 | 64.9 | Feb 8, 2024 | $649,300 | 10,011 | 11,533 | 75 |
| NJ-778337 | 83.9 | Jan 26, 2026 | $1,589,900 | 18,941 | 18,206 | 75 |
| NJ-986614 | 24.1 | Jul 27, 2026 | $293,400 | 12,178 | 10,629 | 75 |
| NJ-327408 | 42.8 | Oct 23, 2025 | $1,029,200 | 24,034 | 20,231 | 75 |
| NJ-458627 | 103.6 | Jul 27, 2026 | $1,440,400 | 13,909 | 16,611 | 74 |
| NJ-108191 | 75.5 | May 10, 2025 | $1,176,200 | 15,577 | 18,124 | 73 |
| NJ-189367 | 177.0 | Jul 27, 2026 | $1,794,200 | 10,136 | 13,435 | 71 |
| NJ-386563 | 23.2 | Jul 10, 2025 | $514,200 | 22,146 | 19,835 | 70 |
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.