Comparable sales & offer analysis
Parcel NJ-680740
Union County, NJ · 0.34 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$23,800
Adjusted value
$19,063
Value range
$15,813–$22,314
Comp $/acre
$56,068/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.8% versus the adjusted value.
Offer position
Max allowable offer
$10,893
Offer $/acre
$32,039/ac
Projected profit
$5,719
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-691283 | 0.5 | Jul 27, 2026 | $12,400 | 24,400 | 51,709 | 81 |
| NJ-690901 | 0.4 | Oct 12, 2025 | $10,200 | 26,823 | 49,847 | 80 |
| NJ-280940 | 0.4 | Dec 24, 2023 | $15,100 | 37,664 | 60,105 | 72 |
| NJ-341573 | 0.6 | Nov 28, 2025 | $25,100 | 39,796 | 73,763 | 68 |
| NJ-561444 | 0.6 | Aug 13, 2024 | $14,500 | 25,500 | 46,258 | 66 |
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.