Comparable sales & offer analysis
Parcel NJ-828728
Passaic County, NJ · 111 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,014,500
Adjusted value
$3,026,654
Value range
$2,331,129–$3,722,178
Comp $/acre
$27,164/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.4% versus the adjusted value.
Offer position
Max allowable offer
$1,729,516
Offer $/acre
$15,522/ac
Projected profit
$907,996
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-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 22,046 | 79 |
| NJ-409385 | 179.3 | Jun 1, 2026 | $3,065,700 | 17,095 | 28,214 | 78 |
| NJ-139083 | 144.1 | Jul 27, 2026 | $1,717,900 | 11,922 | 23,310 | 78 |
| NJ-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 36,157 | 77 |
| NJ-719259 | 163.7 | Jul 31, 2024 | $3,993,600 | 24,398 | 35,925 | 75 |
| NJ-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 26,296 | 74 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 16,304 | 62 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 27,199 | 59 |
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.