75 Bards Brg Rd Shamong, NJ 08088-9570
The commercial farm is not within the Infill "IR" District, the Preservation Area "P" District, the Special Agricultural "SA" District, or the Forest Area "FA" District. The commercial farm must be generating energy for its own farming operation. The commercial farm must own the solar energy system. The commercial farm must abide by the regulations and manag…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
P · Shamong, NJThe commercial farm is not within the Infill "IR" District, the Preservation Area "P" District, the Special Agricultural "SA" District, or the Forest Area "FA" District. The commercial farm must be generating energy for its own farming operation. The commercial farm must own the solar energy system. The commercial farm must abide by the regulations and management practices issued by the New Jersey State Agriculture Development Committee. The operation of the solar energy system shall comply with the abandonment of use requirements under Subsection H below. Public service infrastructure necessary to support the solar energy system is available or can be provided without any off-site development in the Preservation, Special Agricultural Production or Forest Districts. The solar energy system, including any proposed off-site infrastructure, shall be located and screened in such a way as to minimize visual impacts as viewed from: The wild and scenic rivers and special scenic corridors listed in N.J.A.C. 7:50-6.105(a); Publicly dedicated roads and highways; Low-intensity recreational facilities and campgrounds; and Existing residential dwellings located on contiguous parcels. Should the development of new or expansion of existing on-site or off-site infrastructure be necessary to accommodate the solar energy system, clearing shall be limited to that which is necessary to accommodate the use in accordance with N.J.A.C. 7:50-6.23. New rights-of-way shall be limited to a maximum width of 20 feet, unless additional width is necessary to address specific safety or reliability concerns. Any solar energy system shall be decommissioned within 12 months of the cessation of its utilization. Decommissioning shall include: Removal of all facilities, structures, and equipment related to the solar energy system, including any subsurface wires and footings, from the parcel; Restoration of the parcel in accordance with N.J.A.C. 7:50-6.24, unless restoration is unnecessary because the parcel is to be put into active agricultural use or approved for development within that twelve-month period; and Any other measures necessary to address ecological and visual impacts associated with the solar energy system, including the removal of off-site infrastructure and restoration of affected lands. If the commercial farm is within the Agricultural Production Area "AG" District or the Agricultural - Commercial "AC" District, it shall also comply with the following: Solar energy systems may occupy up to 20% of any parcel but in no case shall exceed 10 acres.
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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.