Comparable sales & offer analysis
Parcel NJ-248114
Monmouth County, NJ · 71.42 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,122,300
Adjusted value
$1,282,424
Value range
$1,035,236–$1,529,612
Comp $/acre
$17,956/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.5% versus the adjusted value.
Offer position
Max allowable offer
$732,814
Offer $/acre
$10,261/ac
Projected profit
$384,727
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-778337 | 83.9 | Jan 26, 2026 | $1,589,900 | 18,941 | 20,176 | 80 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 20,804 | 79 |
| NJ-458627 | 103.6 | Jul 27, 2026 | $1,440,400 | 13,909 | 18,406 | 76 |
| NJ-297748 | 54.8 | Nov 9, 2024 | $955,800 | 17,449 | 20,884 | 75 |
| NJ-108191 | 75.5 | May 10, 2025 | $1,176,200 | 15,577 | 20,087 | 74 |
| NJ-599049 | 140.6 | Jul 27, 2026 | $1,659,200 | 11,802 | 16,292 | 74 |
| NJ-327408 | 42.8 | Oct 23, 2025 | $1,029,200 | 24,034 | 22,422 | 72 |
| NJ-189367 | 177.0 | Jul 27, 2026 | $1,794,200 | 10,136 | 14,887 | 72 |
| NJ-847981 | 64.9 | Feb 8, 2024 | $649,300 | 10,011 | 12,786 | 71 |
| NJ-986614 | 24.1 | Jul 27, 2026 | $293,400 | 12,178 | 11,777 | 69 |
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.