Comparable sales & offer analysis
Parcel NJ-232494
Ocean County, NJ · 1.22 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$23,100
Adjusted value
$25,981
Value range
$22,564–$29,399
Comp $/acre
$21,296/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.1% versus the adjusted value.
Offer position
Max allowable offer
$14,847
Offer $/acre
$12,169/ac
Projected profit
$7,794
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 | 21,763 | 81 |
| NJ-481739 | 0.7 | Jul 27, 2026 | $13,000 | 18,631 | 18,572 | 76 |
| NJ-411956 | 0.8 | Jan 1, 2025 | $18,900 | 23,108 | 24,580 | 76 |
| NJ-301821 | 0.8 | Mar 2, 2026 | $14,100 | 18,773 | 18,818 | 71 |
| NJ-431272 | 0.5 | May 8, 2025 | $11,800 | 23,660 | 24,739 | 68 |
| NJ-813918 | 3.4 | Apr 6, 2025 | $53,000 | 15,500 | 16,747 | 66 |
| NJ-173716 | 3.0 | Feb 4, 2025 | $50,300 | 17,058 | 21,475 | 62 |
| NJ-611455 | 0.6 | Dec 29, 2024 | $15,800 | 27,707 | 23,821 | 61 |
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.