Comparable sales & offer analysis
Parcel NJ-426311
Passaic County, NJ · 19.34 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$407,400
Adjusted value
$413,506
Value range
$324,447–$502,564
Comp $/acre
$21,381/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.5% versus the adjusted value.
Offer position
Max allowable offer
$236,289
Offer $/acre
$12,218/ac
Projected profit
$124,052
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-935577 | 11.4 | Jul 27, 2026 | $373,200 | 32,826 | 26,579 | 84 |
| NJ-855297 | 9.3 | Jun 30, 2026 | $382,800 | 41,249 | 26,053 | 78 |
| NJ-256414 | 20.8 | Feb 9, 2025 | $370,600 | 17,781 | 19,194 | 78 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 20,290 | 67 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 20,987 | 63 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 12,580 | 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.