Comparable sales & offer analysis
Parcel NJ-198816
Warren County, NJ · 119 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,248,700
Adjusted value
$1,704,312
Value range
$1,327,879–$2,080,744
Comp $/acre
$14,351/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.9% versus the adjusted value.
Offer position
Max allowable offer
$973,892
Offer $/acre
$8,201/ac
Projected profit
$511,293
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-878914 | 127.5 | May 8, 2026 | $1,344,200 | 10,543 | 12,847 | 91 |
| NJ-648830 | 120.0 | Nov 11, 2025 | $2,578,300 | 21,491 | 18,324 | 85 |
| NJ-707824 | 57.9 | May 31, 2026 | $960,000 | 16,586 | 10,361 | 77 |
| NJ-657760 | 55.3 | Jun 15, 2026 | $987,800 | 17,876 | 17,821 | 74 |
| NJ-668127 | 72.1 | Jul 23, 2025 | $1,100,100 | 15,260 | 12,182 | 70 |
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.