Comparable sales & offer analysis
Parcel NJ-553216
Warren County, NJ · 2.06 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$39,800
Adjusted value
$55,417
Value range
$42,947–$67,888
Comp $/acre
$26,902/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.2% versus the adjusted value.
Offer position
Max allowable offer
$31,667
Offer $/acre
$15,372/ac
Projected profit
$16,625
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-913743 | 3.0 | Jul 27, 2026 | $57,900 | 19,223 | 19,556 | 84 |
| NJ-552324 | 1.1 | May 18, 2026 | $43,900 | 40,666 | 34,768 | 78 |
| NJ-463713 | 3.0 | May 2, 2025 | $68,200 | 23,108 | 20,999 | 77 |
| NJ-824103 | 3.9 | Oct 17, 2025 | $110,200 | 28,192 | 25,307 | 74 |
| NJ-622100 | 0.9 | Jul 27, 2026 | $26,400 | 28,696 | 28,587 | 74 |
| NJ-521578 | 0.6 | Jul 27, 2026 | $18,700 | 29,669 | 20,530 | 70 |
| NJ-462533 | 1.3 | Dec 16, 2024 | $49,900 | 39,935 | 36,210 | 67 |
| NJ-831966 | 0.8 | May 25, 2025 | $39,400 | 47,492 | 34,543 | 67 |
| NJ-401818 | 0.8 | Jul 19, 2024 | $18,900 | 25,230 | 27,205 | 60 |
| NJ-684584 | 5.5 | Sep 7, 2025 | $117,600 | 21,222 | 22,654 | 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.