Comparable sales & offer analysis
Parcel NJ-855297
Passaic County, NJ · 9.28 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$385,100
Adjusted value
$303,978
Value range
$249,293–$358,663
Comp $/acre
$32,756/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +26.7% versus the adjusted value.
Offer position
Max allowable offer
$173,702
Offer $/acre
$18,718/ac
Projected profit
$91,193
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 | 42,303 | 91 |
| NJ-426311 | 19.3 | Mar 3, 2025 | $352,400 | 18,221 | 30,944 | 70 |
| NJ-214231 | 4.3 | May 3, 2026 | $211,900 | 49,385 | 33,731 | 69 |
| NJ-256414 | 20.8 | Feb 9, 2025 | $370,600 | 17,781 | 30,560 | 61 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 32,301 | 60 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 33,419 | 58 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 20,032 | 57 |
| NJ-773247 | 2.1 | May 3, 2024 | $97,100 | 46,250 | 33,498 | 56 |
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.