Comparable sales & offer analysis
Parcel NJ-845254
Monmouth County, NJ · 9.00 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$223,400
Adjusted value
$203,145
Value range
$151,674–$254,616
Comp $/acre
$22,572/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.0% versus the adjusted value.
Offer position
Max allowable offer
$116,083
Offer $/acre
$12,898/ac
Projected profit
$60,944
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 | 13,627 | 78 |
| NJ-695683 | 12.3 | Nov 29, 2025 | $211,200 | 17,209 | 15,542 | 76 |
| NJ-275012 | 7.5 | Apr 7, 2025 | $153,600 | 20,339 | 24,828 | 73 |
| NJ-956924 | 30.2 | Jul 4, 2026 | $738,000 | 24,469 | 24,071 | 67 |
| NJ-424766 | 6.3 | Jan 29, 2024 | $233,900 | 37,015 | 32,612 | 67 |
| NJ-813604 | 2.7 | Feb 5, 2026 | $70,700 | 25,978 | 24,944 | 66 |
| NJ-253658 | 2.8 | Mar 2, 2026 | $64,500 | 22,776 | 21,831 | 66 |
| NJ-386563 | 23.2 | Jul 10, 2025 | $514,200 | 22,146 | 25,430 | 62 |
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.