New Jersey A4964 reduces on-street parking space size and modifies parking space calculation to lower construction costs and improve land use.

New Jersey A4964 reduces the size of on-street parking spaces from 23 feet to 20 feet and modifies the calculation of parking spaces in developments. This change aims to lower development construction costs, improve functional land use for housing and public spaces, encourage public transit use, and enhance walkability. The bill directs the Commissioner of Community Affairs to adopt regulations for calculating parking spaces, rounding down any fractional spaces to the nearest whole number. The act takes effect immediately upon enactment.

New Jersey A4964 reduces on-street parking space size and modifies parking space calculation to lower construction costs and improve land use.

New Jersey A4964 reduces the size of on-street parking spaces from 23 feet to 20 feet and modifies the calculation of parking spaces in developments. This change aims to lower development construction costs, improve functional land use for housing and public spaces, encourage public transit use, and enhance walkability. The bill directs the Commissioner of Community Affairs to adopt regulations for calculating parking spaces, rounding down any fractional spaces to the nearest whole number. The act takes effect immediately upon enactment.