Comparable sales & offer analysis
Parcel NJ-452666
Passaic County, NJ · 1.38 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$63,300
Adjusted value
$57,577
Value range
$47,591–$67,563
Comp $/acre
$41,722/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.9% versus the adjusted value.
Offer position
Max allowable offer
$32,901
Offer $/acre
$23,841/ac
Projected profit
$17,273
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-773247 | 2.1 | May 3, 2024 | $97,100 | 46,250 | 41,854 | 75 |
| NJ-762472 | 1.2 | Oct 19, 2025 | $35,900 | 29,900 | 53,421 | 75 |
| NJ-642171 | 1.0 | Jun 2, 2025 | $28,400 | 29,565 | 30,927 | 74 |
| NJ-782112 | 0.9 | Feb 7, 2025 | $28,900 | 31,449 | 40,138 | 72 |
| NJ-214231 | 4.3 | May 3, 2026 | $211,900 | 49,385 | 42,145 | 68 |
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.