NJ A2520

Fair market value for property taken by profit-making entities must recognize the intended use and revenue generation potential of the condemned property

Property owners must be compensated for damages to adjacent and nearby property, including impeded access, impacts to groundwater and water sources, noise, emissions, loss of views, and diminished property values due to public perception

Consequential damages must be paid, covering interference with existing resource extraction contracts, ongoing maintenance obligations required by the condemnor, and other costs caused by the taking

If court-awarded compensation exceeds the condemnor's highest offer by 10% or more, the condemnor must reimburse the property owner's litigation costs, including attorney, appraiser, and engineering fees

Property interests automatically revert to original owners if the profit-making entity fails to comply with conditions of its eminent domain authorization