Comparable sales & offer analysis
Parcel NJ-843580
Somerset County, NJ · 2.68 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$69,200
Adjusted value
$59,570
Value range
$42,890–$76,249
Comp $/acre
$22,227/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.2% versus the adjusted value.
Offer position
Max allowable offer
$34,040
Offer $/acre
$12,701/ac
Projected profit
$17,871
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-173194 | 2.0 | Feb 4, 2026 | $48,100 | 23,793 | 16,430 | 78 |
| NJ-502937 | 1.7 | Jul 27, 2026 | $91,500 | 54,454 | 25,523 | 76 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 16,601 | 74 |
| NJ-312743 | 1.5 | Oct 12, 2025 | $61,800 | 42,312 | 34,221 | 69 |
| NJ-132003 | 0.8 | Sep 9, 2025 | $21,600 | 25,440 | 20,521 | 63 |
| NJ-551954 | 0.8 | Mar 24, 2024 | $26,700 | 32,613 | 20,302 | 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.