Comparable sales & offer analysis
Parcel NJ-157340
Passaic County, NJ · 40.77 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$933,800
Adjusted value
$820,480
Value range
$697,658–$943,301
Comp $/acre
$20,125/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.8% versus the adjusted value.
Offer position
Max allowable offer
$468,845
Offer $/acre
$11,500/ac
Projected profit
$246,144
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 | 22,864 | 77 |
| NJ-217431 | 43.5 | Aug 10, 2024 | $657,900 | 15,111 | 14,176 | 77 |
| NJ-398441 | 90.5 | Jun 23, 2026 | $1,978,600 | 21,860 | 19,170 | 73 |
| NJ-256414 | 20.8 | Feb 9, 2025 | $370,600 | 17,781 | 21,629 | 68 |
| NJ-426311 | 19.3 | Mar 3, 2025 | $352,400 | 18,221 | 21,901 | 66 |
| NJ-828728 | 111.4 | Aug 31, 2025 | $2,646,700 | 23,755 | 21,601 | 64 |
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.