Comparable sales & offer analysis
Parcel NJ-716197
Union County, NJ · 17.81 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$531,300
Adjusted value
$676,881
Value range
$561,330–$792,431
Comp $/acre
$38,006/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.5% versus the adjusted value.
Offer position
Max allowable offer
$386,789
Offer $/acre
$21,718/ac
Projected profit
$203,064
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-996459 | 21.5 | Jul 27, 2026 | $879,600 | 40,856 | 42,671 | 87 |
| NJ-925329 | 9.5 | Jul 27, 2026 | $345,600 | 36,378 | 43,618 | 83 |
| NJ-497869 | 59.8 | Jul 27, 2026 | $1,115,600 | 18,656 | 29,093 | 68 |
| NJ-286471 | 21.7 | Nov 26, 2023 | $529,400 | 24,375 | 41,652 | 66 |
| NJ-997619 | 49.9 | Dec 10, 2024 | $772,800 | 15,487 | 29,229 | 57 |
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.