Comparable sales & offer analysis
Parcel NJ-642171
Passaic County, NJ · 0.96 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$26,700
Adjusted value
$44,929
Value range
$40,241–$49,617
Comp $/acre
$46,801/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -40.6% versus the adjusted value.
Offer position
Max allowable offer
$25,674
Offer $/acre
$26,743/ac
Projected profit
$13,479
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-452666 | 1.4 | May 11, 2026 | $66,600 | 48,255 | 49,272 | 79 |
| NJ-782112 | 0.9 | Feb 7, 2025 | $28,900 | 31,449 | 40,524 | 77 |
| NJ-762472 | 1.2 | Oct 19, 2025 | $35,900 | 29,900 | 53,942 | 77 |
| NJ-530927 | 0.4 | Apr 23, 2026 | $12,300 | 31,594 | 47,053 | 71 |
| NJ-773247 | 2.1 | May 3, 2024 | $97,100 | 46,250 | 42,250 | 61 |
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.