Proposed DEP Land Exchange in Plumsted Township, Ocean County

The State of New Jersey, Department of Environmental Protection (“NJDEP”) proposes to engage in a land exchange with the New Egypt Raceway (“Raceway”), located in Plumsted Township, Ocean County. As part of the exchange, the NJDEP proposes to convey 4.54 acres of land to the Raceway in exchange for receiving 21.58 acres of land from the Raceway.

The land proposed to be conveyed by the NJDEP to the Raceway is part of Block 76, Lot 82.03 in Plumsted Township, Ocean County. The land is currently managed as part of the Colliers Mills Wildlife Management Area (WMA), but consists of cleared areas of lawn covered with gravel. The land proposed to be conveyed to NJDEP by the Raceway is designated for tax purposes as Block 76 Lot 82.02 (p/o), Block 76 Lot 85, and Block 76 Lot 95 in Plumsted Township, Ocean County. Both Block 76, Lot 85 and Block 76, Lot 95 are wooded, contain extensive wetlands and are adjacent to other lands owned by the NJDEP as part of the Colliers Mills WMA. The Raceway will also pay the NJDEP $43,000 cash compensation to equalize the real estate value of the proposed exchange.

Additional information about the proposed land exchange may be found here.