Burlington County celebrates preservation of first New Jersey farm under new valuation formula
New Jersey's updated farmland preservation formula, enacted in 2024, aims to enhance agricultural land protection by ensuring fair compensation to farmers, officials said.
Summary by The Trentonian
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Burlington County celebrates preservation of first New Jersey farm under new valuation formula
SPRINGFIELD – The Burlington County Commissioners celebrated another farmland preservation milestone this week as the Three Willows Farm in Springfield became the first New Jersey farm to be preserved using a new State formula to calculate its development value. The farm’s preservation by the State of New Jersey was celebrated during a ceremony on Monday afternoon attended by New Jersey Secretary of Agriculture Ed Wengryn; farm owners Brian and …
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