Comparable sales & offer analysis
Parcel NJ-773247
Passaic County, NJ · 2.10 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$117,300
Adjusted value
$111,061
Value range
$91,884–$130,238
Comp $/acre
$52,886/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.6% versus the adjusted value.
Offer position
Max allowable offer
$63,464
Offer $/acre
$30,221/ac
Projected profit
$33,318
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-452666 | 1.4 | May 11, 2026 | $66,600 | 48,255 | 59,420 | 85 |
| NJ-214231 | 4.3 | May 3, 2026 | $211,900 | 49,385 | 51,327 | 74 |
| NJ-762472 | 1.2 | Oct 19, 2025 | $35,900 | 29,900 | 65,051 | 67 |
| NJ-782112 | 0.9 | Feb 7, 2025 | $28,900 | 31,449 | 48,870 | 67 |
| NJ-642171 | 1.0 | Jun 2, 2025 | $28,400 | 29,565 | 37,657 | 65 |
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.