Do You Need Both a Phase I ESA and Preliminary Assessment in NJ?
👉 In many NJ commercial deals — yes.
What a Phase I ESA Does
A Phase I reviews property records and site conditions.
It helps identify potential environmental risks.
It’s commonly required by lenders.
What a Preliminary Assessment Does
A Preliminary Assessment goes further under NJ rules.
It focuses on:
👉 Site-specific concerns tied to NJ regulations
Why Both Come Up
They serve different roles.
One looks at broader environmental risk.
The other satisfies NJ-specific requirements.
👉 Together, they help you stay fully covered.
Where Buyers Get Stuck
Many buyers think:
“I already have one — I’m good.”
That’s not always the case in NJ.
Make the Smart Move
Smart investors don’t guess.
They understand what their deal actually requires.
👉 Make the Right Move Before You Close
