Comparable sales & offer analysis
Parcel NJ-184292
Union County, NJ · 4.48 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$245,700
Adjusted value
$226,941
Value range
$163,397–$290,484
Comp $/acre
$50,656/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.3% versus the adjusted value.
Offer position
Max allowable offer
$129,681
Offer $/acre
$28,947/ac
Projected profit
$68,082
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-444283 | 4.5 | Jul 27, 2026 | $189,600 | 42,602 | 42,923 | 86 |
| NJ-303892 | 3.4 | Jul 27, 2026 | $186,200 | 55,585 | 67,619 | 79 |
| NJ-133931 | 3.5 | Aug 19, 2025 | $228,700 | 66,292 | 59,124 | 73 |
| NJ-802939 | 1.7 | Jul 27, 2026 | $42,700 | 25,399 | 30,394 | 72 |
| NJ-253401 | 2.4 | Apr 14, 2026 | $100,600 | 42,809 | 36,786 | 72 |
| NJ-925329 | 9.5 | Jul 27, 2026 | $345,600 | 36,378 | 59,081 | 71 |
| NJ-523098 | 1.9 | Sep 25, 2025 | $58,700 | 31,040 | 38,973 | 71 |
| NJ-613477 | 2.5 | Sep 12, 2024 | $135,600 | 54,670 | 71,090 | 69 |
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.