Comparable sales & offer analysis
Parcel NJ-248114
Monmouth County, NJ · 71.42 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,122,300
Adjusted value
$1,307,249
Value range
$1,085,505–$1,528,993
Comp $/acre
$18,304/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.1% versus the adjusted value.
Offer position
Max allowable offer
$747,000
Offer $/acre
$10,459/ac
Projected profit
$392,175
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 | 20,286 | 79 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 20,920 | 78 |
| NJ-458627 | 103.6 | Jul 27, 2026 | $1,440,400 | 13,909 | 18,509 | 75 |
| NJ-297748 | 54.8 | Nov 9, 2024 | $955,800 | 17,449 | 20,993 | 75 |
| NJ-108191 | 75.5 | May 10, 2025 | $1,176,200 | 15,577 | 20,194 | 73 |
| NJ-599049 | 140.6 | Jul 27, 2026 | $1,659,200 | 11,802 | 16,383 | 72 |
| NJ-327408 | 42.8 | Oct 23, 2025 | $1,029,200 | 24,034 | 22,543 | 71 |
| NJ-847981 | 64.9 | Feb 8, 2024 | $649,300 | 10,011 | 12,851 | 71 |
| NJ-189367 | 177.0 | Jul 27, 2026 | $1,794,200 | 10,136 | 14,970 | 70 |
| NJ-738721 | 110.9 | Jun 19, 2025 | $1,000,900 | 9,029 | 14,507 | 68 |
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.