Comparable sales & offer analysis
Parcel NJ-253401
Union County, NJ · 2.35 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$121,500
Adjusted value
$141,592
Value range
$101,952–$181,231
Comp $/acre
$60,252/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.2% versus the adjusted value.
Offer position
Max allowable offer
$80,910
Offer $/acre
$34,430/ac
Projected profit
$42,477
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-802939 | 1.7 | Jul 27, 2026 | $42,700 | 25,399 | 36,070 | 84 |
| NJ-303892 | 3.4 | Jul 27, 2026 | $186,200 | 55,585 | 80,247 | 78 |
| NJ-444283 | 4.5 | Jul 27, 2026 | $189,600 | 42,602 | 50,939 | 76 |
| NJ-523098 | 1.9 | Sep 25, 2025 | $58,700 | 31,040 | 46,251 | 76 |
| NJ-133931 | 3.5 | Aug 19, 2025 | $228,700 | 66,292 | 70,166 | 75 |
| NJ-184292 | 4.5 | Apr 27, 2026 | $211,500 | 47,220 | 57,064 | 73 |
| NJ-613477 | 2.5 | Sep 12, 2024 | $135,600 | 54,670 | 84,366 | 72 |
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.