Comparable sales & offer analysis
Parcel NJ-401818
Warren County, NJ · 0.75 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$18,300
Adjusted value
$21,337
Value range
$16,712–$25,962
Comp $/acre
$28,450/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.2% versus the adjusted value.
Offer position
Max allowable offer
$12,193
Offer $/acre
$16,257/ac
Projected profit
$6,401
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-521578 | 0.6 | Jul 27, 2026 | $18,700 | 29,669 | 20,691 | 88 |
| NJ-622100 | 0.9 | Jul 27, 2026 | $26,400 | 28,696 | 28,810 | 86 |
| NJ-552324 | 1.1 | May 18, 2026 | $43,900 | 40,666 | 35,040 | 77 |
| NJ-831966 | 0.8 | May 25, 2025 | $39,400 | 47,492 | 34,821 | 77 |
| NJ-581163 | 0.5 | Dec 19, 2025 | $10,000 | 21,742 | 32,755 | 76 |
| NJ-462533 | 1.3 | Dec 16, 2024 | $49,900 | 39,935 | 36,505 | 70 |
| NJ-791390 | 0.6 | Mar 18, 2025 | $7,000 | 12,791 | 19,884 | 70 |
| NJ-810228 | 0.3 | Mar 28, 2025 | $7,600 | 25,353 | 26,702 | 67 |
| NJ-430828 | 0.4 | Jun 10, 2024 | $8,300 | 23,084 | 29,184 | 66 |
| NJ-553216 | 2.1 | Jun 29, 2025 | $37,900 | 18,412 | 19,545 | 65 |
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.