Comparable sales & offer analysis
Parcel NJ-409385
Passaic County, NJ · 179 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$3,038,400
Adjusted value
$3,120,239
Value range
$2,434,045–$3,806,433
Comp $/acre
$17,398/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.6% versus the adjusted value.
Offer position
Max allowable offer
$1,782,994
Offer $/acre
$9,942/ac
Projected profit
$936,072
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 | 14,245 | 84 |
| NJ-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 22,100 | 80 |
| NJ-719259 | 163.7 | Jul 31, 2024 | $3,993,600 | 24,398 | 21,964 | 74 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 15,185 | 74 |
| NJ-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 13,474 | 73 |
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.