Comparable sales & offer analysis
Parcel NJ-386563
Monmouth County, NJ · 23.22 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$572,000
Adjusted value
$445,886
Value range
$337,516–$554,256
Comp $/acre
$19,203/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.3% versus the adjusted value.
Offer position
Max allowable offer
$254,792
Offer $/acre
$10,973/ac
Projected profit
$133,766
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-986614 | 24.1 | Jul 27, 2026 | $293,400 | 12,178 | 12,482 | 84 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 22,048 | 80 |
| NJ-695683 | 12.3 | Nov 29, 2025 | $211,200 | 17,209 | 14,235 | 77 |
| NJ-327408 | 42.8 | Oct 23, 2025 | $1,029,200 | 24,034 | 23,758 | 68 |
| NJ-297748 | 54.8 | Nov 9, 2024 | $955,800 | 17,449 | 22,125 | 67 |
| NJ-275012 | 7.5 | Apr 7, 2025 | $153,600 | 20,339 | 22,742 | 65 |
| NJ-248114 | 71.4 | Jul 5, 2025 | $1,020,200 | 14,284 | 15,843 | 63 |
| NJ-845254 | 9.0 | Jul 4, 2025 | $194,100 | 21,571 | 20,795 | 62 |
| NJ-617467 | 44.7 | Feb 16, 2025 | $949,500 | 21,247 | 26,228 | 62 |
| NJ-847981 | 64.9 | Feb 8, 2024 | $649,300 | 10,011 | 13,544 | 60 |
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.