Comparable sales & offer analysis
Parcel NJ-741283
Somerset County, NJ · 0.51 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,800
Adjusted value
$13,755
Value range
$10,777–$16,732
Comp $/acre
$26,970/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.6% versus the adjusted value.
Offer position
Max allowable offer
$7,860
Offer $/acre
$15,411/ac
Projected profit
$4,126
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-831001 | 0.4 | Jul 27, 2026 | $8,700 | 21,284 | 27,100 | 83 |
| NJ-160483 | 0.3 | Aug 19, 2025 | $5,200 | 17,192 | 17,963 | 75 |
| NJ-450732 | 0.3 | Apr 18, 2026 | $15,900 | 46,910 | 33,255 | 74 |
| NJ-270398 | 0.3 | Apr 9, 2026 | $7,400 | 24,570 | 26,891 | 71 |
| NJ-132003 | 0.8 | Sep 9, 2025 | $21,600 | 25,440 | 22,672 | 69 |
| NJ-502937 | 1.7 | Jul 27, 2026 | $91,500 | 54,454 | 28,204 | 69 |
| NJ-551954 | 0.8 | Mar 24, 2024 | $26,700 | 32,613 | 22,423 | 67 |
| NJ-312743 | 1.5 | Oct 12, 2025 | $61,800 | 42,312 | 37,808 | 67 |
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.