Comparable sales & offer analysis
Parcel NJ-935577
Passaic County, NJ · 11.37 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$349,800
Adjusted value
$289,627
Value range
$239,823–$339,432
Comp $/acre
$25,473/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.8% versus the adjusted value.
Offer position
Max allowable offer
$165,501
Offer $/acre
$14,556/ac
Projected profit
$86,888
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-855297 | 9.3 | Jun 30, 2026 | $382,800 | 41,249 | 32,429 | 89 |
| NJ-426311 | 19.3 | Mar 3, 2025 | $352,400 | 18,221 | 24,192 | 75 |
| NJ-214231 | 4.3 | May 3, 2026 | $211,900 | 49,385 | 26,377 | 66 |
| NJ-256414 | 20.8 | Feb 9, 2025 | $370,600 | 17,781 | 23,891 | 66 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 26,123 | 58 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 25,256 | 58 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 15,659 | 55 |
| NJ-773247 | 2.1 | May 3, 2024 | $97,100 | 46,250 | 26,184 | 54 |
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.