Comparable sales & offer analysis
Parcel NJ-824103
Warren County, NJ · 3.91 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$121,000
Adjusted value
$115,136
Value range
$82,898–$147,374
Comp $/acre
$29,447/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.1% versus the adjusted value.
Offer position
Max allowable offer
$65,792
Offer $/acre
$16,827/ac
Projected profit
$34,541
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 | 22,665 | 86 |
| NJ-463713 | 3.0 | May 2, 2025 | $68,200 | 23,108 | 24,338 | 76 |
| NJ-553216 | 2.1 | Jun 29, 2025 | $37,900 | 18,412 | 22,472 | 73 |
| NJ-684584 | 5.5 | Sep 7, 2025 | $117,600 | 21,222 | 26,257 | 72 |
| NJ-325495 | 10.7 | Jul 27, 2026 | $620,800 | 57,964 | 43,152 | 70 |
| NJ-462533 | 1.3 | Dec 16, 2024 | $49,900 | 39,935 | 41,968 | 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.