New Jersey Administrative Code
Title 2 - AGRICULTURE
Chapter 76 - STATE AGRICULTURE DEVELOPMENT COMMITTEE
Subchapter 19 - VALUATION OF DEVELOPMENT EASEMENTS IN THE PINELANDS AREA
Section 2:76-19.8 - Scenic corridors and access to markets
Universal Citation: NJ Admin Code 2:76-19.8
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The base value shall be increased based upon the property's proximity to roads which provide access to scenic corridors and markets in which agricultural products may be sold or purchased, pursuant to the following chart. No more than two factors may be utilized.
Distance to Highways and Roads in Miles |
.5mi. | .5-2 mi. | 2-4 mi. | 4-6 mi. | 6-8 mi. | |
Limited Access | |||||
Highway | 20% | 20% | 15% | 10% | 5% |
Federal or State | |||||
Highway | 15% | 10% | 5% | 0% | 0% |
County Road | 10% | 5% | 0% | 0% | 0% |
Municipal Road | 5% | 0% | 0% | 0% | 0% |
Unpaved | 0% | 0% | 0% | 0% | 0% |
(b) The base value shall be increased based upon the following road frontage ratios. Road frontage shall be the ratio of total road frontage, measured in feet, to total property size, measured in acres.
1. Greater than
30:1--10 percent;
2. 11:1 to 30:1--six
percent; and
3. 1:1 to 10:1--two
percent.
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