Comparable sales & offer analysis
Parcel NJ-530927
Passaic County, NJ · 0.39 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$13,600
Adjusted value
$11,613
Value range
$9,498–$13,729
Comp $/acre
$29,778/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.1% versus the adjusted value.
Offer position
Max allowable offer
$6,636
Offer $/acre
$17,016/ac
Projected profit
$3,484
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 | 33,704 | 68 |
| NJ-782112 | 0.9 | Feb 7, 2025 | $28,900 | 31,449 | 27,720 | 65 |
| NJ-642171 | 1.0 | Jun 2, 2025 | $28,400 | 29,565 | 21,360 | 65 |
| NJ-762472 | 1.2 | Oct 19, 2025 | $35,900 | 29,900 | 36,898 | 65 |
| NJ-773247 | 2.1 | May 3, 2024 | $97,100 | 46,250 | 28,900 | 52 |
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.