Comparable sales & offer analysis
Parcel NJ-521519
Sussex County, NJ · 0.60 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$11,600
Adjusted value
$12,762
Value range
$11,677–$13,847
Comp $/acre
$21,270/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.1% versus the adjusted value.
Offer position
Max allowable offer
$7,293
Offer $/acre
$12,154/ac
Projected profit
$3,829
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-290862 | 0.4 | May 28, 2026 | $10,400 | 28,001 | 22,289 | 79 |
| NJ-321313 | 0.5 | Sep 15, 2024 | $17,000 | 32,745 | 20,372 | 77 |
| NJ-212586 | 1.3 | Jul 27, 2026 | $35,100 | 27,016 | 18,490 | 72 |
| NJ-852889 | 1.6 | May 19, 2026 | $35,500 | 21,898 | 20,794 | 67 |
| NJ-912034 | 0.9 | May 27, 2024 | $26,400 | 30,368 | 21,579 | 64 |
| NJ-272903 | 1.6 | Oct 5, 2024 | $54,200 | 33,075 | 24,511 | 62 |
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.