Comparable sales & offer analysis
Parcel NJ-139083
Passaic County, NJ · 144 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,617,600
Adjusted value
$2,049,619
Value range
$1,567,767–$2,531,470
Comp $/acre
$14,224/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.1% versus the adjusted value.
Offer position
Max allowable offer
$1,171,211
Offer $/acre
$8,128/ac
Projected profit
$614,886
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-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 18,636 | 81 |
| NJ-409385 | 179.3 | Jun 1, 2026 | $3,065,700 | 17,095 | 14,542 | 81 |
| NJ-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 11,364 | 75 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 12,805 | 71 |
| NJ-719259 | 163.7 | Jul 31, 2024 | $3,993,600 | 24,398 | 18,517 | 69 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 13,554 | 62 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 8,404 | 56 |
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.