1st Reading - Jersey City

f Portion of PjP Landfil1 Site, jerseyCity,New jersey, ", ,A man-made ditch.with tidal influences, called the Sip Avenue Ditch, runs westSite Data and Analysis (continued)from storm sewer outlets at Route J & 9, through the southern portionof the siteto the Hackensack Riyer. The SipAvenue Ditch.is.a storm water discharge pointfor the PJP,Landfil iiicludingthesubjèct property. The 2,200 foot lo~g ditchconveys storm water discharge from thesubject siteand from theJerseyCity stormsewer located at Route 1 & 9. the embankments of the ditch are steep andheavilyvegetated. The base of the ditchis filed with sentiment and debris. The ditchis, reportedly: functioning as intended.As previously reported, the sité is part of an 87 -acre Superfund siteknown as the,PJP Landfil. As such, the site was placed on the EPA's NatÍönal Priority List inDecember 1982. The site is contaminated by a variety of toxic substances andmuch of the site is covered.with landfil materiaL, To gain a better understandingof the site's environmental and geotechnical conç:itions, I have reviewed anengineering study prepared by Golder AssocIatesentitled Pre-Final (90 Percent)Remedial Design Report,~ PJP Landfil Site, Jersey City, New Jersey.The report,dated June 2004, was prepared for Waste Management of NewJersey. References'to this study appear throughout thè appraisal and the complete report is' availablefor review upon req~est, Despite the presence,of on-site contamination, the subjectproperty has been valued as if fully remedìated inaccordartce with current hiw.Additional site. detailsare summarized as follows:Zoning Designation: The subject property is currently located within, a redevelopment area e~tablished by the City ofi '. .Jersey City on Septertber 27, 2006. Prior to thedesigrtation, the subject property was located,inthe I-Industrial and WPDWaterfront PlannedDevelopment districts. Therefore, the subjectproperty is valued under the terms and, requirements of th,ese prior zoning districts.Shape:Utilities:,/Irregular - effectively two discrete parcels, divided by the elevated Pulaski Skyway.Water and electric available on site, no sanitary'sewer Or gas on the site.Ingress! egress: Adequate access from curb cute in Route 1&: 9.VALUE REEARCH GROUP, LLC 13