Comparable sales & offer analysis
Parcel NJ-161385
Monmouth County, NJ · 0.55 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,000
Adjusted value
$14,422
Value range
$12,467–$16,377
Comp $/acre
$26,222/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.9% versus the adjusted value.
Offer position
Max allowable offer
$8,241
Offer $/acre
$14,984/ac
Projected profit
$4,327
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-591365 | 0.5 | Nov 18, 2025 | $15,900 | 29,511 | 26,308 | 82 |
| NJ-700888 | 0.4 | Jan 6, 2026 | $7,500 | 19,760 | 23,926 | 81 |
| NJ-531613 | 0.6 | Sep 18, 2024 | $11,900 | 18,660 | 25,648 | 79 |
| NJ-190152 | 0.3 | Mar 27, 2026 | $9,600 | 31,840 | 32,832 | 70 |
| NJ-512785 | 1.5 | Mar 23, 2025 | $53,300 | 35,500 | 27,809 | 63 |
| NJ-513029 | 1.8 | Oct 16, 2024 | $46,600 | 26,041 | 20,809 | 63 |
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.