Comparable sales & offer analysis
Parcel NJ-719259
Passaic County, NJ · 164 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$4,013,700
Adjusted value
$3,246,084
Value range
$2,680,260–$3,811,909
Comp $/acre
$19,831/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.6% versus the adjusted value.
Offer position
Max allowable offer
$1,854,905
Offer $/acre
$11,332/ac
Projected profit
$973,825
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-409385 | 179.3 | Jun 1, 2026 | $3,065,700 | 17,095 | 20,796 | 84 |
| NJ-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 26,655 | 82 |
| NJ-139083 | 144.1 | Jul 27, 2026 | $1,717,900 | 11,922 | 17,181 | 82 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 18,315 | 81 |
| NJ-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 16,250 | 76 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 19,386 | 69 |
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.