Comparable sales & offer analysis
Parcel NJ-996459
Union County, NJ · 21.53 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$827,500
Adjusted value
$726,796
Value range
$592,167–$861,426
Comp $/acre
$33,757/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.9% versus the adjusted value.
Offer position
Max allowable offer
$415,312
Offer $/acre
$19,290/ac
Projected profit
$218,039
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-716197 | 17.8 | Jul 27, 2026 | $534,500 | 30,011 | 29,185 | 87 |
| NJ-925329 | 9.5 | Jul 27, 2026 | $345,600 | 36,378 | 42,090 | 78 |
| NJ-286471 | 21.7 | Nov 26, 2023 | $529,400 | 24,375 | 40,192 | 73 |
| NJ-497869 | 59.8 | Jul 27, 2026 | $1,115,600 | 18,656 | 28,073 | 68 |
| NJ-997619 | 49.9 | Dec 10, 2024 | $772,800 | 15,487 | 28,205 | 60 |
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.