Comparable sales & offer analysis
Parcel NJ-762472
Passaic County, NJ · 1.20 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$39,000
Adjusted value
$29,088
Value range
$24,644–$33,533
Comp $/acre
$24,240/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.1% versus the adjusted value.
Offer position
Max allowable offer
$16,622
Offer $/acre
$13,852/ac
Projected profit
$8,727
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 | 28,408 | 78 |
| NJ-642171 | 1.0 | Jun 2, 2025 | $28,400 | 29,565 | 18,003 | 75 |
| NJ-782112 | 0.9 | Feb 7, 2025 | $28,900 | 31,449 | 23,364 | 74 |
| NJ-530927 | 0.4 | Apr 23, 2026 | $12,300 | 31,594 | 27,129 | 69 |
| NJ-773247 | 2.1 | May 3, 2024 | $97,100 | 46,250 | 24,359 | 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.