Comparable sales & offer analysis
Parcel NJ-967939
Sussex County, NJ · 62.91 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$906,700
Adjusted value
$1,422,876
Value range
$1,172,857–$1,672,895
Comp $/acre
$22,618/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.3% versus the adjusted value.
Offer position
Max allowable offer
$813,072
Offer $/acre
$12,924/ac
Projected profit
$426,863
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-907339 | 40.7 | Feb 5, 2026 | $726,900 | 17,843 | 24,577 | 83 |
| NJ-748820 | 119.1 | Jul 4, 2026 | $2,813,800 | 23,625 | 22,639 | 83 |
| NJ-188236 | 78.0 | Jun 28, 2026 | $1,999,600 | 25,629 | 22,168 | 82 |
| NJ-937466 | 44.7 | Apr 25, 2026 | $1,385,300 | 31,018 | 29,296 | 80 |
| NJ-427074 | 33.6 | Jan 15, 2026 | $931,200 | 27,698 | 25,137 | 77 |
| NJ-387385 | 42.1 | Jun 14, 2026 | $1,383,000 | 32,835 | 21,183 | 77 |
| NJ-769394 | 180.5 | Jul 27, 2026 | $2,027,400 | 11,231 | 17,005 | 75 |
| NJ-678255 | 79.1 | Feb 26, 2025 | $1,585,900 | 20,049 | 21,356 | 71 |
| NJ-408794 | 116.9 | Feb 19, 2024 | $1,605,400 | 13,736 | 14,887 | 64 |
| NJ-839259 | 163.7 | Feb 23, 2025 | $3,973,900 | 24,277 | 26,733 | 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.