Comparable sales & offer analysis
Parcel NJ-217431
Passaic County, NJ · 43.54 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$740,900
Adjusted value
$1,147,472
Value range
$973,866–$1,321,078
Comp $/acre
$26,354/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.4% versus the adjusted value.
Offer position
Max allowable offer
$655,698
Offer $/acre
$15,060/ac
Projected profit
$344,242
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-777547 | 47.4 | Aug 29, 2025 | $1,006,100 | 21,244 | 26,429 | 81 |
| NJ-157340 | 40.8 | Jun 30, 2024 | $880,600 | 21,599 | 27,343 | 77 |
| NJ-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 22,154 | 72 |
| NJ-256414 | 20.8 | Feb 9, 2025 | $370,600 | 17,781 | 25,004 | 71 |
| NJ-139083 | 144.1 | Jul 27, 2026 | $1,717,900 | 11,922 | 23,423 | 68 |
| NJ-149131 | 149.2 | Sep 27, 2025 | $3,931,300 | 26,349 | 36,339 | 68 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 24,968 | 67 |
| NJ-426311 | 19.3 | Mar 3, 2025 | $352,400 | 18,221 | 25,318 | 63 |
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.