Comparable sales & offer analysis
Parcel NJ-341573
Union County, NJ · 0.63 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,200
Adjusted value
$18,414
Value range
$14,250–$22,577
Comp $/acre
$29,228/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.4% versus the adjusted value.
Offer position
Max allowable offer
$10,522
Offer $/acre
$16,702/ac
Projected profit
$5,524
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 | 28,894 | 88 |
| NJ-561444 | 0.6 | Aug 13, 2024 | $14,500 | 25,500 | 25,837 | 75 |
| NJ-690901 | 0.4 | Oct 12, 2025 | $10,200 | 26,823 | 27,849 | 74 |
| NJ-802939 | 1.7 | Jul 27, 2026 | $42,700 | 25,399 | 20,460 | 72 |
| NJ-280940 | 0.4 | Dec 24, 2023 | $15,100 | 37,664 | 33,567 | 66 |
| NJ-680740 | 0.3 | Sep 26, 2024 | $24,800 | 72,870 | 43,928 | 62 |
| NJ-523098 | 1.9 | Sep 25, 2025 | $58,700 | 31,040 | 26,234 | 61 |
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.