Comparable sales & offer analysis
Parcel NJ-169986
Union County, NJ · 277 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,533,100
Adjusted value
$4,614,120
Value range
$3,547,729–$5,680,510
Comp $/acre
$16,647/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.9% versus the adjusted value.
Offer position
Max allowable offer
$2,636,640
Offer $/acre
$9,513/ac
Projected profit
$1,384,236
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-219965 | 273.0 | Jul 27, 2026 | $4,402,800 | 16,128 | 13,756 | 91 |
| NJ-199265 | 164.4 | Oct 14, 2025 | $5,367,300 | 32,646 | 20,448 | 73 |
| NJ-659635 | 214.9 | Mar 25, 2025 | $5,905,500 | 27,475 | 23,115 | 70 |
| NJ-497869 | 59.8 | Jul 27, 2026 | $1,115,600 | 18,656 | 13,636 | 66 |
| NJ-997619 | 49.9 | Dec 10, 2024 | $772,800 | 15,487 | 13,700 | 54 |
| NJ-518348 | 84.6 | Apr 29, 2024 | $2,564,900 | 30,314 | 14,602 | 53 |
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.