Comparable sales & offer analysis
Parcel NJ-655766
Somerset County, NJ · 13.03 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$366,500
Adjusted value
$360,236
Value range
$284,974–$435,499
Comp $/acre
$27,647/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.7% versus the adjusted value.
Offer position
Max allowable offer
$205,849
Offer $/acre
$15,798/ac
Projected profit
$108,071
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 | 28,519 | 82 |
| NJ-906145 | 17.1 | Aug 19, 2025 | $569,400 | 33,203 | 36,682 | 78 |
| NJ-925066 | 7.8 | Jul 27, 2026 | $215,300 | 27,425 | 19,109 | 75 |
| NJ-843580 | 2.7 | Jul 27, 2026 | $64,400 | 24,039 | 27,731 | 66 |
| NJ-746850 | 28.6 | Oct 24, 2024 | $615,900 | 21,551 | 25,429 | 64 |
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.