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Hudson River Waterfront Transit Options Cost/Benefit Analysis


New Jersey Transit's Proposals

                                    Capital         New      Cost
                                      Costs        Mode   ($ thou
Network                             ($ mil)       Trips    / NMT)
-------                             -------     -------   -------

III  Core LRT.......................  329.7      36,000       9.0

IV   Core LRT & Extensions 
      (to south & west 
      from southern end)............  443.6      64,600       6.8

V    Core LRT & Weehawken
      Tunnel (& Busway 
      to North Bergen)..............  440.8      74,100       5.9

VI   Core LRT, Weehawken Tunnel
      & Ramps to Lincoln Tunnel
      (& Busway to North Bergen)....  486.0      66,400       7.3

VII  Core AGT/Monorail..............  353.4      45,300       7.8

VIII Neighborhood Clean Bus.........  420.6      96,600       4.4


My Alternatives, Based on Calculations of New Jersey Transit's Data

                                    Capital         New      Cost
                                      Costs        Mode   ($ thou
Network                             ($ mil)       Trips    / NMT)
-------                             -------     -------   -------

Gateway Park & Ride 3,600 (1).......   30.0       3,600       8.3

IV Without Gateway P&R (2)..........  413.6      62,944       6.6

IV + V = [Core LRT & Extensions (to
 south and west) & Weehawken Tunnel
 (& Busway to North Bergen)] (3)....  554.7     102,700       5.4

IV + V Without Gateway P&R (2)......  524.7     101,044       5.3


Notes:

(1) Addition of 3,600 spaces to the 1,400 proposed for the Short Range Work Program, bringing total spaces to 5,000. If costs for all 5,000 spaces were included, cost per rider would surely jump higher.

(2) Assumes not building the 3,600 Gateway Park & Ride spaces will reduce new mode trips from Bayonne and Jersey City by 20% and eliminate all potential trips from Staten Island and the NJ mainland.

(3) Figures determined by finding difference between networks V and III and adding to that network IV.


Produced by Daniel Convissor on behalf of Transportation Alternatives

This table was presented to NJ Transit's Board of Directors at their meeting in approximately January 1992.


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Last updated: 4 April 1999