Comparable sales & offer analysis
Parcel NJ-925066
Somerset County, NJ · 7.85 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$203,100
Adjusted value
$329,280
Value range
$262,726–$395,835
Comp $/acre
$41,947/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -38.3% versus the adjusted value.
Offer position
Max allowable offer
$188,160
Offer $/acre
$23,969/ac
Projected profit
$98,784
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-935581 | 11.4 | Jul 27, 2026 | $468,800 | 41,120 | 41,249 | 80 |
| NJ-843580 | 2.7 | Jul 27, 2026 | $64,400 | 24,039 | 40,111 | 72 |
| NJ-502937 | 1.7 | Jul 27, 2026 | $91,500 | 54,454 | 42,492 | 72 |
| NJ-906145 | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 53,057 | 66 |
| NJ-173194 | 2.0 | Feb 4, 2026 | $48,100 | 23,793 | 27,350 | 65 |
| NJ-655766 | 13.0 | Feb 18, 2024 | $307,900 | 23,627 | 37,942 | 62 |
| NJ-312743 | 1.5 | Oct 12, 2025 | $61,800 | 42,312 | 56,962 | 61 |
| NJ-746850 | 28.6 | Oct 24, 2024 | $615,900 | 21,551 | 36,781 | 57 |
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.