Comparable sales & offer analysis
Parcel NJ-279328
Ocean County, NJ · 172 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,737,100
Adjusted value
$2,470,388
Value range
$1,966,589–$2,974,188
Comp $/acre
$14,356/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.7% versus the adjusted value.
Offer position
Max allowable offer
$1,411,651
Offer $/acre
$8,203/ac
Projected profit
$741,117
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-889147 | 150.9 | Jul 2, 2024 | $3,820,600 | 25,312 | 18,580 | 72 |
| NJ-759895 | 259.5 | Jan 21, 2024 | $1,642,100 | 6,328 | 13,678 | 65 |
| NJ-596665 | 25.0 | May 22, 2026 | $307,800 | 12,311 | 12,122 | 63 |
| NJ-837039 | 32.8 | Jun 20, 2025 | $472,500 | 14,413 | 12,296 | 58 |
| NJ-107736 | 54.3 | Dec 18, 2023 | $613,000 | 11,287 | 11,087 | 56 |
| NJ-166491 | 22.0 | Oct 12, 2024 | $484,600 | 21,987 | 17,937 | 51 |
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.