Comparable sales & offer analysis
Parcel NJ-802939
Union County, NJ · 1.68 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$48,600
Adjusted value
$71,631
Value range
$54,170–$89,093
Comp $/acre
$42,638/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -32.2% versus the adjusted value.
Offer position
Max allowable offer
$40,932
Offer $/acre
$24,364/ac
Projected profit
$21,489
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-253401 | 2.4 | Apr 14, 2026 | $100,600 | 42,809 | 30,981 | 82 |
| NJ-303892 | 3.4 | Jul 27, 2026 | $186,200 | 55,585 | 56,949 | 78 |
| NJ-523098 | 1.9 | Sep 25, 2025 | $58,700 | 31,040 | 32,823 | 77 |
| NJ-444283 | 4.5 | Jul 27, 2026 | $189,600 | 42,602 | 36,150 | 72 |
| NJ-613477 | 2.5 | Sep 12, 2024 | $135,600 | 54,670 | 59,872 | 72 |
| NJ-691283 | 0.5 | Jul 27, 2026 | $12,400 | 24,400 | 36,151 | 72 |
| NJ-184292 | 4.5 | Apr 27, 2026 | $211,500 | 47,220 | 40,497 | 70 |
| NJ-341573 | 0.6 | Nov 28, 2025 | $25,100 | 39,796 | 51,561 | 66 |
| NJ-133931 | 3.5 | Aug 19, 2025 | $228,700 | 66,292 | 49,795 | 66 |
| NJ-561444 | 0.6 | Aug 13, 2024 | $14,500 | 25,500 | 32,326 | 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.