Comparable sales & offer analysis
Parcel NJ-290862
Sussex County, NJ · 0.37 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$11,800
Adjusted value
$9,638
Value range
$8,651–$10,625
Comp $/acre
$26,048/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.4% versus the adjusted value.
Offer position
Max allowable offer
$5,507
Offer $/acre
$14,885/ac
Projected profit
$2,891
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-521519 | 0.6 | Oct 23, 2025 | $10,400 | 17,361 | 22,884 | 73 |
| NJ-321313 | 0.5 | Sep 15, 2024 | $17,000 | 32,745 | 25,961 | 68 |
| NJ-212586 | 1.3 | Jul 27, 2026 | $35,100 | 27,016 | 23,571 | 66 |
| NJ-852889 | 1.6 | May 19, 2026 | $35,500 | 21,898 | 26,508 | 63 |
| NJ-912034 | 0.9 | May 27, 2024 | $26,400 | 30,368 | 27,497 | 61 |
| NJ-272903 | 1.6 | Oct 5, 2024 | $54,200 | 33,075 | 31,235 | 55 |
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.