Comparable sales & offer analysis
Parcel NJ-591365
Monmouth County, NJ · 0.54 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,600
Adjusted value
$17,508
Value range
$14,469–$20,547
Comp $/acre
$32,422/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.2% versus the adjusted value.
Offer position
Max allowable offer
$10,005
Offer $/acre
$18,527/ac
Projected profit
$5,252
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-161385 | 0.6 | Dec 27, 2023 | $17,100 | 31,069 | 40,335 | 75 |
| NJ-700888 | 0.4 | Jan 6, 2026 | $7,500 | 19,760 | 27,824 | 73 |
| NJ-531613 | 0.6 | Sep 18, 2024 | $11,900 | 18,660 | 29,826 | 72 |
| NJ-190152 | 0.3 | Mar 27, 2026 | $9,600 | 31,840 | 38,181 | 71 |
| NJ-512785 | 1.5 | Mar 23, 2025 | $53,300 | 35,500 | 32,339 | 61 |
| NJ-513029 | 1.8 | Oct 16, 2024 | $46,600 | 26,041 | 24,199 | 58 |
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.