New Jersey Flood Elevation Rule Sparks Concern Over Shore Development and Property Values
New Jersey’s planned flood elevation legislation could change how coastal houses are built and updated, worrying Jersey Shore real estate firms and residents. Despite the regulation’s delay, the controversy and misunderstanding are already unsettling. On July 20, the EPA’s Resilient Environments and Landscapes (R.E.A.L.) rule takes effect. New homes in flood-risk locations must be elevated…

