Comparable sales & offer analysis
Parcel NJ-746850
Somerset County, NJ · 28.58 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$685,900
Adjusted value
$690,022
Value range
$525,427–$854,618
Comp $/acre
$24,144/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.6% versus the adjusted value.
Offer position
Max allowable offer
$394,298
Offer $/acre
$13,796/ac
Projected profit
$207,007
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-438362 | 85.5 | Jan 21, 2026 | $1,284,700 | 15,031 | 19,225 | 70 |
| NJ-906145 | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 33,625 | 70 |
| NJ-935581 | 11.4 | Jul 27, 2026 | $468,800 | 41,120 | 26,142 | 68 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 17,516 | 68 |
| NJ-655766 | 13.0 | Feb 18, 2024 | $307,900 | 23,627 | 24,046 | 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.