New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 86 - TRANSFER OF DEVELOPMENT RIGHTS REAL ESTATE MARKET ANALYSIS REPORT
Subchapter 2 - MARKET ANALYSIS REPORT
Section 5:86-2.5 - General information
Universal Citation: NJ Admin Code 5:86-2.5
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The general information section of the market analysis report shall contain the following:
1. The purpose of the market
analysis;
2. A statement of the
rights being valued;
3. A section
defining the legal and technical terms used in the report;
4. Any assumptions and limiting
conditions;
5. A section
identifying the subject sending and receiving zones by municipal tax map block
and lot or other means, as well as the following:
i. A brief description of the subject zones
and their current land uses; and
ii. A map depicting the sending and receiving
zones;
6. Zoning
assessment information; and
7.
Information detailing community and neighborhood data. This shall include, but
not be limited to, the character of the community, land use and property value
trends, degree of development pressure in the area and any other information
that may affect the market value of a TDR credit.
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