Comparable sales & offer analysis
Parcel NJ-659635
Union County, NJ · 215 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$6,164,400
Adjusted value
$4,307,493
Value range
$3,556,870–$5,058,115
Comp $/acre
$20,040/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +43.1% versus the adjusted value.
Offer position
Max allowable offer
$2,461,424
Offer $/acre
$11,452/ac
Projected profit
$1,292,248
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-219965 | 273.0 | Jul 27, 2026 | $4,402,800 | 16,128 | 17,303 | 85 |
| NJ-199265 | 164.4 | Oct 14, 2025 | $5,367,300 | 32,646 | 25,726 | 79 |
| NJ-169986 | 277.2 | Feb 16, 2026 | $5,007,500 | 18,066 | 23,326 | 76 |
| NJ-497869 | 59.8 | Jul 27, 2026 | $1,115,600 | 18,656 | 17,152 | 74 |
| NJ-518348 | 84.6 | Apr 29, 2024 | $2,564,900 | 30,314 | 18,376 | 60 |
| NJ-997619 | 49.9 | Dec 10, 2024 | $772,800 | 15,487 | 17,239 | 55 |
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.