Comparable sales & offer analysis
Parcel NJ-916050
Warren County, NJ · 16.01 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$360,600
Adjusted value
$386,651
Value range
$308,076–$465,227
Comp $/acre
$24,151/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.7% versus the adjusted value.
Offer position
Max allowable offer
$220,944
Offer $/acre
$13,800/ac
Projected profit
$115,995
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-325495 | 10.7 | Jul 27, 2026 | $620,800 | 57,964 | 33,167 | 78 |
| NJ-246549 | 23.0 | Jul 27, 2026 | $572,500 | 24,913 | 21,280 | 78 |
| NJ-666783 | 27.2 | Nov 10, 2025 | $394,200 | 14,478 | 18,732 | 70 |
| NJ-657760 | 55.3 | Jun 15, 2026 | $987,800 | 17,876 | 25,642 | 68 |
| NJ-546698 | 25.6 | Oct 4, 2024 | $652,900 | 25,503 | 24,890 | 67 |
| NJ-684584 | 5.5 | Sep 7, 2025 | $117,600 | 21,222 | 20,181 | 64 |
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.