New Jersey Administrative Code
Title 16 - TRANSPORTATION
Chapter 5 - COMPENSATION OF CONDEMNEES FOR INCOME LOSS RESULTING FROM HARVESTING OF STANDING CROPS
Subchapter 2 - AGRICULTURAL OR HORTICULTURAL LAND
Section 16:5-2.4 - Valuation of standing crop income

The anticipated annual average income from the standing crop over its remaining average productive life will be developed for the Department by a qualified agricultural expert, as determined by the Department. The specialist will estimate the average remaining productive life of the crop, the average anticipated gross income from the impacted crop and the anticipated expenses related to harvest and sale of the produce. The net anticipated income from the crop over the average remaining productive life of the crop, if not an annual crop, will then be capitalized by the Department into a present value.