Comparable sales & offer analysis
Parcel NJ-906145
Somerset County, NJ · 17.15 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$547,000
Adjusted value
$392,708
Value range
$335,387–$450,028
Comp $/acre
$22,898/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +39.3% versus the adjusted value.
Offer position
Max allowable offer
$224,404
Offer $/acre
$13,085/ac
Projected profit
$117,812
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 | 27,031 | 76 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 18,112 | 73 |
| NJ-655766 | 13.0 | Feb 18, 2024 | $307,900 | 23,627 | 24,864 | 73 |
| NJ-746850 | 28.6 | Oct 24, 2024 | $615,900 | 21,551 | 24,103 | 66 |
| NJ-438362 | 85.5 | Jan 21, 2026 | $1,284,700 | 15,031 | 19,879 | 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.