Comparable sales & offer analysis
Parcel NJ-169529
Somerset County, NJ · 199 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,041,000
Adjusted value
$4,582,258
Value range
$3,314,657–$5,849,859
Comp $/acre
$23,019/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.8% versus the adjusted value.
Offer position
Max allowable offer
$2,618,433
Offer $/acre
$13,154/ac
Projected profit
$1,374,677
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-359641 | 215.9 | Jul 27, 2026 | $3,211,600 | 14,877 | 17,248 | 84 |
| NJ-379793 | 241.0 | Jul 19, 2025 | $5,009,100 | 20,784 | 31,621 | 78 |
| NJ-438362 | 85.5 | Jan 21, 2026 | $1,284,700 | 15,031 | 17,051 | 68 |
| NJ-746850 | 28.6 | Oct 24, 2024 | $615,900 | 21,551 | 20,674 | 56 |
| NJ-906145 | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 29,822 | 52 |
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.