Comparable sales & offer analysis
Parcel NJ-398441
Passaic County, NJ · 90.51 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,080,500
Adjusted value
$2,469,067
Value range
$1,929,628–$3,008,505
Comp $/acre
$27,279/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.7% versus the adjusted value.
Offer position
Max allowable offer
$1,410,895
Offer $/acre
$15,588/ac
Projected profit
$740,720
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-139083 | 144.1 | Jul 27, 2026 | $1,717,900 | 11,922 | 23,254 | 78 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 24,788 | 74 |
| NJ-409385 | 179.3 | Jun 1, 2026 | $3,065,700 | 17,095 | 28,147 | 72 |
| NJ-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 36,077 | 71 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 26,238 | 66 |
| NJ-719259 | 163.7 | Jul 31, 2024 | $3,993,600 | 24,398 | 35,855 | 65 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 27,146 | 63 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 16,272 | 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.