This bill proposes a supplemental appropriation of $8,000,000 from the Property Tax Relief Fund to the Monmouth County Open Space and Farmland Preservation Trust Fund. The funds are intended to assist in the purchase of the Stein property located in Upper Freehold Township, New Jersey, which is crucial for preserving the land from potential development that could include the construction of a warehouse. The total cost to acquire the property is estimated at $25,000,000, and the preservation of this historic site is significant as it served as a campground for British soldiers during the Revolutionary War.

The bill highlights concerns from local residents regarding the negative impacts of the proposed warehouse development, including increased traffic, air pollution, disruption of the natural ecosystem, and potential contamination of water sources. The construction plans would split the farm into two properties, each featuring a 50-foot warehouse, which could lead to significant vehicle traffic in the area. Local property owners and organizations, such as the New Jersey Society of the Sons of the American Revolution, have expressed their support for preserving the Stein property to maintain local open space and protect the community from the adverse effects of industrial development.