Comparable sales & offer analysis
Parcel NJ-986614
Monmouth County, NJ · 24.09 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$354,300
Adjusted value
$495,933
Value range
$406,761–$585,106
Comp $/acre
$20,587/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.6% versus the adjusted value.
Offer position
Max allowable offer
$283,391
Offer $/acre
$11,764/ac
Projected profit
$148,780
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-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 21,559 | 82 |
| NJ-386563 | 23.2 | Jul 10, 2025 | $514,200 | 22,146 | 22,781 | 78 |
| NJ-695683 | 12.3 | Nov 29, 2025 | $211,200 | 17,209 | 13,921 | 73 |
| NJ-845254 | 9.0 | Jul 4, 2025 | $194,100 | 21,571 | 20,338 | 71 |
| NJ-327408 | 42.8 | Oct 23, 2025 | $1,029,200 | 24,034 | 23,235 | 70 |
| NJ-617467 | 44.7 | Feb 16, 2025 | $949,500 | 21,247 | 25,653 | 66 |
| NJ-297748 | 54.8 | Nov 9, 2024 | $955,800 | 17,449 | 21,642 | 65 |
| NJ-778337 | 83.9 | Jan 26, 2026 | $1,589,900 | 18,941 | 20,907 | 64 |
| NJ-847981 | 64.9 | Feb 8, 2024 | $649,300 | 10,011 | 13,250 | 62 |
| NJ-275012 | 7.5 | Apr 7, 2025 | $153,600 | 20,339 | 22,243 | 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.