Comparable sales & offer analysis
Parcel NJ-232494
Ocean County, NJ · 1.22 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,100
Adjusted value
$26,127
Value range
$22,692–$29,563
Comp $/acre
$21,416/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.6% versus the adjusted value.
Offer position
Max allowable offer
$14,930
Offer $/acre
$12,238/ac
Projected profit
$7,838
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-472066 | 0.9 | Mar 23, 2026 | $22,500 | 25,268 | 21,882 | 80 |
| NJ-411956 | 0.8 | Jan 1, 2025 | $18,900 | 23,108 | 24,708 | 75 |
| NJ-481739 | 0.7 | Jul 27, 2026 | $13,000 | 18,631 | 18,675 | 75 |
| NJ-301821 | 0.8 | Mar 2, 2026 | $14,100 | 18,773 | 18,921 | 70 |
| NJ-431272 | 0.5 | May 8, 2025 | $11,800 | 23,660 | 24,870 | 67 |
| NJ-813918 | 3.4 | Apr 6, 2025 | $53,000 | 15,500 | 16,835 | 65 |
| NJ-173716 | 3.0 | Feb 4, 2025 | $50,300 | 17,058 | 21,587 | 61 |
| NJ-611455 | 0.6 | Dec 29, 2024 | $15,800 | 27,707 | 23,946 | 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.