Category: Phase 1 Site Assessment

Buying, selling, financing, or redeveloping commercial property in New Jersey can involve more than reviewing the building, location, zoning, and purchase price. The property’s current and historical uses may also raise environmental concerns that could affect the transaction, future development plans, financing, and potential liability. Environmental Site Assessments in NJ help property buyers, owners, developers, […]

A Guide to Phase 1 and Phase 11 Environmental Site Assessment in NJ By the end of last year, there were almost 15,000 contaminated sites in New Jersey. These contaminants usually consist of pollutants or hazardous waste and substances. Often they’re found in everyday household products or can result from industrial processes. Regardless of which, they’re usually […]

What is a Phase 1 environmental inspection? In the United States, a Phase I Environmental Site Assessment (ESA), or Phase I ESA, is a report. This report is prepared for a real estate holding that identifies potential or existing environmental contamination. The analysis addresses both the underlying land as well as physical improvements to the […]

What is the Difference Between a Phase I and Phase II Environmental Site Assessment? If you are a New Jersey business owner, you already know the intricacies of financing any property. One of the state requirements for financing a property is you must perform an environmental assessment. The purpose of the assessment is to make […]

In the past, it was much easier to buy a piece of land for commercial development. As a business owner, you arranged to buy a piece of land from someone. You agreed on a price, signed a deed, and the land was yours. However, no land purchase these days is that simple. Now, you have […]