Comparable sales & offer analysis
Parcel NJ-219965
Union County, NJ · 273 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,474,400
Adjusted value
$5,713,490
Value range
$4,555,315–$6,871,666
Comp $/acre
$20,929/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.7% versus the adjusted value.
Offer position
Max allowable offer
$3,264,852
Offer $/acre
$11,960/ac
Projected profit
$1,714,047
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-169986 | 277.2 | Feb 16, 2026 | $5,007,500 | 18,066 | 21,910 | 88 |
| NJ-199265 | 164.4 | Oct 14, 2025 | $5,367,300 | 32,646 | 24,162 | 75 |
| NJ-659635 | 214.9 | Mar 25, 2025 | $5,905,500 | 27,475 | 27,313 | 75 |
| NJ-497869 | 59.8 | Jul 27, 2026 | $1,115,600 | 18,656 | 16,113 | 70 |
| NJ-518348 | 84.6 | Apr 29, 2024 | $2,564,900 | 30,314 | 17,254 | 56 |
| NJ-997619 | 49.9 | Dec 10, 2024 | $772,800 | 15,487 | 16,188 | 56 |
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.