2713 Grn Bank Rd Egg Harbor City, NJ 08215-4635
Pinelands development credits are hereby established at the following ratios in the PA District and that portion of the WL District which is located in the Pinelands Preservation Area: (1) Uplands which are undisturbed but currently or previously approved for resource extraction pursuant to this chapter: two Pinelands development credits per 39 acres. [Amend…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PA · Egg Harbor City, NJPinelands development credits are hereby established at the following ratios in the PA District and that portion of the WL District which is located in the Pinelands Preservation Area: (1) Uplands which are undisturbed but currently or previously approved for resource extraction pursuant to this chapter: two Pinelands development credits per 39 acres. [Amended 7-24-1997 by Ord. No. 7-1997 ] (2) Uplands which are mined as a result of a resource extraction permit approved pursuant to this chapter: zero Pinelands development credits per 39 acres. (3) Other uplands: one Pinelands development credit per 39 acres. (4) Wetlands: 0.2 Pinelands development credit per 39 acres. C. The allocations established in Subsection B above shall be reduced as follows: [Amended 8-17-1989 by Ord. No. 13-1989 ; 3-14-1991 by Ord. No. 1-1991 ] (1) Any property of 10 acres or less which is developed for a commercial, industrial, resource extraction, intensive recreation, institutional, campground or landfill use shall not receive Pinelands development credit entitlement. For such an improved property of more than 10 acres, the area actively used for such use or 10 acres, whichever is greater, shall not receive Pinelands development credit entitlement. (2) The Pinelands development credit entitlement of a parcel of land shall be reduced by 1/4 Pinelands development credit for each existing dwelling unit on the property. (3) The Pinelands development credit entitlement for a parcel of land shall be reduced by 1/4 Pinelands development credit for each reserved right to build a dwelling on the parcel retained by the owner of the property pursuant to Subsection G below or when a variance for cultural housing is approved by the City pursuant to § 170-95C . [Amended 5-13-1993 by Ord. No. 8-1993 ] (4) The PDC entitlement for a parcel of land shall also be reduced by 1/4 PDCs for each dwelling unit approved pursuant to N.J.A.C. 7:50-4.61 et seq. when a waiver of strict compliance is granted by the Pinelands Commission. [Added 5-13-1993 by Ord. No. 8-1993 ] D. The owners of parcels of land which are smaller than 39 acres shall have a fractional Pinelands development credit at the same ratio established in Subsection B above. E.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.