Comparable sales & offer analysis
Parcel NJ-272903
Sussex County, NJ · 1.64 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$57,400
Adjusted value
$49,829
Value range
$42,298–$57,359
Comp $/acre
$30,383/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.2% versus the adjusted value.
Offer position
Max allowable offer
$28,474
Offer $/acre
$17,362/ac
Projected profit
$14,949
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-852889 | 1.6 | May 19, 2026 | $35,500 | 21,898 | 30,255 | 82 |
| NJ-212586 | 1.3 | Jul 27, 2026 | $35,100 | 27,016 | 26,901 | 81 |
| NJ-453352 | 2.3 | Aug 30, 2025 | $73,300 | 32,286 | 32,215 | 80 |
| NJ-663698 | 2.9 | Apr 15, 2025 | $81,400 | 27,958 | 25,339 | 70 |
| NJ-933877 | 3.3 | Sep 20, 2024 | $106,800 | 32,164 | 42,569 | 69 |
| NJ-521519 | 0.6 | Oct 23, 2025 | $10,400 | 17,361 | 26,121 | 67 |
| NJ-724024 | 3.7 | Jan 29, 2025 | $85,500 | 23,178 | 29,281 | 64 |
| NJ-124125 | 4.0 | Aug 6, 2024 | $128,400 | 32,338 | 30,421 | 64 |
| NJ-321313 | 0.5 | Sep 15, 2024 | $17,000 | 32,745 | 29,640 | 59 |
| NJ-912034 | 0.9 | May 27, 2024 | $26,400 | 30,368 | 31,396 | 59 |
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.