The Planning Board shall prepare and adopt, and may from time to time amend or revise, a Master Plan or component parts thereof to guide the use of lands within the region in a manner that protects public health and safety and promotes the general welfare.
The Master Plan shall generally comprise a report or statement and land use and development proposals, with maps, diagrams and text, presenting where appropriate the following elements:
A. 
A statement of objectives, principles, assumptions, policies and standards upon which the constituent proposals for the physical, economic and social development of the municipality are based.
B. 
A land use plan element:
(1) 
Taking into account the other Master Plan elements and natural conditions, including but not necessarily limited to topography, soil conditions, water supply, drainage, floodplain areas, marshes and woodlands.
(2) 
Showing the existing and proposed location, extent and intensity of development of land to be used in the future for varying types of residential, commercial, industrial, agricultural, recreational, educational and other public and private purposes or combination of purposes.
(3) 
Including a statement of the standards of population density and development intensity recommended for the municipality.
C. 
A housing plan element, including but not limited to residential standards and proposals for the construction and improvement of housing.
D. 
A circulation plan element showing the location and types of facilities for all modes of transportation required for the efficient movement of people and goods into, about and through the municipality.
E. 
A utility service plan element analyzing the need for and showing the future general location of water supply and distribution facilities, drainage and flood control facilities, sewerage and waste treatment, solid waste disposal and provision for other related utilities.
F. 
All community facilities plan element showing the location and type of educational or cultural facilities, historic sites, libraries, hospitals, firehouses, police stations and other related facilities, including their relation to the surrounding areas.
G. 
A recreation plan element showing a comprehensive system of areas and public sites for recreation.
H. 
A conservation plan element providing for the preservation, conservation and utilization of natural resources, including, to the extent appropriate, open space, water, forests, soil, marshes, wetlands, harbors, rivers and other waters, fisheries, wildlife and other natural resources.
I. 
Appendixes or separate reports containing the technical foundation for the Master Plan and its constituent elements.
The Master Plan and its plan elements may be divided into subplans and subplan elements projected according to periods of time or staging sequences.
The Master Plan shall include a specific policy statement indicating the relationship of the proposed development of the municipality as developed in the Master Plan to the Master Plans of contiguous municipalities, the Master Plan of the county in which the municipality is located and any comprehensive guide plan pursuant to Section 15 of P.L. 1961, c. 47 (N.J.S.A. 13:1B-15.52).