Comparable sales & offer analysis
Parcel NJ-843580
Somerset County, NJ · 2.68 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$69,200
Adjusted value
$59,898
Value range
$43,127–$76,670
Comp $/acre
$22,350/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.5% versus the adjusted value.
Offer position
Max allowable offer
$34,228
Offer $/acre
$12,771/ac
Projected profit
$17,969
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 | 16,520 | 77 |
| NJ-502937 | 1.7 | Jul 27, 2026 | $91,500 | 54,454 | 25,665 | 75 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 16,694 | 72 |
| NJ-312743 | 1.5 | Oct 12, 2025 | $61,800 | 42,312 | 34,405 | 69 |
| NJ-132003 | 0.8 | Sep 9, 2025 | $21,600 | 25,440 | 20,632 | 62 |
| NJ-551954 | 0.8 | Mar 24, 2024 | $26,700 | 32,613 | 20,404 | 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.