N.J. Admin. Code § 5:86-2.6 - Receiving zone analysis

(a) The receiving zone analysis section of the market analysis report shall contain at least the following:

1. An analysis of the extent and types of development authorized by the base zoning of the receiving zone and its physical characteristics as provided for in the draft development transfer element prepared pursuant to 40:55D-141. Said analysis shall include, but not be limited to:

i. Consideration of the receiving zone's topography, publicly or privately held open space or conservation easements, configuration, existing development patterns, transportation access, environmentally constrained areas and other appropriate characteristics; and

ii. All major subdivision and site plan applications involving land in the receiving zone that were approved by the appropriate land use board during at least the preceding two-year period; and

2. An opinion, based on economic modeling, as to whether the density and uses proposed in the receiving zone in the municipality's draft development transfer element can be supported by the market. Said opinion shall take into consideration the past and current and anticipated future demand for real property at the zoning proposed for the receiving zone. The population and economic growth estimates and analysis incorporated in the municipality's draft development transfer element shall serve as the basis for the evaluation of future demand.

Notes

N.J. Admin. Code § 5:86-2.6