Red Bank Considers Eminent Domain Ban

Another Monmouth County municipality is considering adopting a policy restricting the use of eminent domain for redevelopment purposes within its borders.  The Borough of Red Bank has proposed adopting an ordinance which would prohibit its mayor and council from using the power of eminent domain to acquire privately owned property in any redevelopment area created in the borough for “redevelopment” purposes — in other words banning condemnations where the properties taken would be sold or transferred to a developer or other private entity for a redevelopment project.  A similar ordinance was adopted earlier this year by the nearby community of Belmar, and another is under consideration in Neptune.

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