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1st Reading - Jersey City

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Portion of PJP Landfi11 Site, <strong>Jersey</strong> <strong>City</strong> New <strong>Jersey</strong>Comparable Land Sale 1,Address: 219-295 Route 1 & 9Municipality:County:Block/Lot:<strong>Jersey</strong> <strong>City</strong>,Hudson1639.1/5CNew<strong>Jersey</strong> ,Land Area: 49. 150aeresZoning:Utilities:Grantor:Grantee:Hackensack River Redevelopment DistrictAll Municipal AvailableRoman Catholic Archdiocese of NewarkAMB Pulaski Distribution Center, LLGSale Price: $15,450,000Sale Date:Topography:3/7/08Gènerally LevelDeed Bo()k/Page:Potential Building Area:Potential' FAR:Price Per Unit:$314,334/acre$17.60/sf of potential building areClrRemarks:Sale of land adjacent to subject property to thesouth and part of the same PJP LandfilL.Landfil closure find development plans weredeveloped simultaneously. This sale site hasnearly identical geotechnical conditions as the'subject property. Development approvalsobtained prior to the ,sale."VALUE RESEARCH GROUP, LLC 22, \

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