Comparable sales & offer analysis
Parcel NJ-286471
Union County, NJ · 21.72 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$493,400
Adjusted value
$501,674
Value range
$406,159–$597,189
Comp $/acre
$23,097/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.6% versus the adjusted value.
Offer position
Max allowable offer
$286,671
Offer $/acre
$13,198/ac
Projected profit
$150,502
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 | 27,966 | 85 |
| NJ-716197 | 17.8 | Jul 27, 2026 | $534,500 | 30,011 | 19,823 | 79 |
| NJ-497869 | 59.8 | Jul 27, 2026 | $1,115,600 | 18,656 | 19,067 | 75 |
| NJ-925329 | 9.5 | Jul 27, 2026 | $345,600 | 36,378 | 28,587 | 73 |
| NJ-997619 | 49.9 | Dec 10, 2024 | $772,800 | 15,487 | 19,157 | 64 |
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.