Comparable sales & offer analysis
Parcel NJ-655766
Somerset County, NJ · 13.03 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$366,500
Adjusted value
$358,137
Value range
$283,302–$432,972
Comp $/acre
$27,486/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.3% versus the adjusted value.
Offer position
Max allowable offer
$204,650
Offer $/acre
$15,706/ac
Projected profit
$107,441
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 | 28,361 | 84 |
| NJ-906145 | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 36,487 | 79 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 19,003 | 76 |
| NJ-843580 | 2.7 | Jul 27, 2026 | $64,400 | 24,039 | 27,578 | 68 |
| NJ-746850 | 28.6 | Oct 24, 2024 | $615,900 | 21,551 | 25,298 | 65 |
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.