Comparable sales & offer analysis
Parcel NJ-777547
Passaic County, NJ · 47.36 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,222,500
Adjusted value
$1,040,103
Value range
$800,678–$1,279,528
Comp $/acre
$21,962/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.5% versus the adjusted value.
Offer position
Max allowable offer
$594,345
Offer $/acre
$12,550/ac
Projected profit
$312,031
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-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 13,778 | 76 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 20,994 | 74 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 22,985 | 73 |
| NJ-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 18,631 | 71 |
| NJ-139083 | 144.1 | Jul 27, 2026 | $1,717,900 | 11,922 | 19,698 | 69 |
| NJ-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 30,555 | 68 |
| NJ-256414 | 20.8 | Feb 9, 2025 | $370,600 | 17,781 | 21,021 | 66 |
| NJ-426311 | 19.3 | Mar 3, 2025 | $352,400 | 18,221 | 21,285 | 64 |
| NJ-719259 | 163.7 | Jul 31, 2024 | $3,993,600 | 24,398 | 30,359 | 64 |
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.