Comparable sales & offer analysis
Parcel NJ-847981
Monmouth County, NJ · 64.86 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$777,600
Adjusted value
$1,005,902
Value range
$816,545–$1,195,258
Comp $/acre
$15,509/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.7% versus the adjusted value.
Offer position
Max allowable offer
$574,801
Offer $/acre
$8,862/ac
Projected profit
$301,770
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-458627 | 103.6 | Jul 27, 2026 | $1,440,400 | 13,909 | 15,936 | 84 |
| NJ-778337 | 83.9 | Jan 26, 2026 | $1,589,900 | 18,941 | 17,468 | 82 |
| NJ-297748 | 54.8 | Nov 9, 2024 | $955,800 | 17,449 | 18,081 | 78 |
| NJ-738721 | 110.9 | Jun 19, 2025 | $1,000,900 | 9,029 | 12,494 | 77 |
| NJ-327408 | 42.8 | Oct 23, 2025 | $1,029,200 | 24,034 | 19,412 | 77 |
| NJ-248114 | 71.4 | Jul 5, 2025 | $1,020,200 | 14,284 | 12,945 | 76 |
| NJ-986614 | 24.1 | Jul 27, 2026 | $293,400 | 12,178 | 10,197 | 75 |
| NJ-108191 | 75.5 | May 10, 2025 | $1,176,200 | 15,577 | 17,391 | 75 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 18,012 | 72 |
| NJ-189367 | 177.0 | Jul 27, 2026 | $1,794,200 | 10,136 | 12,889 | 72 |
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.