Comparable sales & offer analysis
Parcel NJ-746850
Somerset County, NJ · 28.58 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$685,900
Adjusted value
$686,007
Value range
$522,270–$849,744
Comp $/acre
$24,003/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.0% versus the adjusted value.
Offer position
Max allowable offer
$392,004
Offer $/acre
$13,716/ac
Projected profit
$205,802
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 | 19,121 | 71 |
| NJ-906145 | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 33,446 | 71 |
| NJ-935581 | 11.4 | Jul 27, 2026 | $468,800 | 41,120 | 25,997 | 70 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 17,419 | 69 |
| NJ-655766 | 13.0 | Feb 18, 2024 | $307,900 | 23,627 | 23,925 | 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.