Title 40A, Title 40A: MUNICIPALITIES AND COUNTIES

40A:21-13 Assessed value of property under abatement or exemption. 13. The assessor shall determine, on October 1 of the year following the date of the completion of an improvement, conversion or construction, the true taxable value thereof. Except for projects subject to tax agr…

40A:21-14. Subsequent abatements or exemptions, conditions 14. Any ordinance adopted pursuant to the provisions of this act may also provide that an additional improvement, conversion or construction, completed on a property granted a previous exemption or abatement pursuant to t…

40A:21-15. Ineligible properties for unpaid or delinquent taxes 15. No exemption or abatement shall be granted, or tax agreement entered into, pursuant to this act with respect to any property for which property taxes are delinquent or remain unpaid, or for which penalties for no…

40A:21-16 Applications, forms, records. 16. No exemption or abatement shall be granted pursuant to this act except upon written application therefor filed with and approved by the assessor of the taxing district wherein the improvement, conversion alteration or construction is ma…

40A:21-17. Exemption, abatement for taxes for named purposes 17. The exemption and abatement of real property taxes provided by municipalities pursuant to this act shall apply to property taxes levied for municipal purposes, school purposes, county government purposes and for the…

40A:21-18. Act not available to casinos 18. Notwithstanding any other provision of this act, no exemption or abatement or tax agreement shall be allowed with respect to any facility containing a licensed gambling casino. The issuance of a casino license shall operate to invalidat…

40A:21-19. Rules, regulations 19. The Commissioner of the Department of Community Affairs is authorized to determine standards and guidelines and to promulgate rules and regulations to effectuate the purposes of this act. L.1991,c.441,s.19.

40A:21-2. Findings, purpose 2. The Legislature finds that the various statutes authorized by Article VIII, Section I, paragraph 6 of the New Jersey Constitution permitting municipalities to grant for periods of five years exemptions or abatements, or both, from taxation in areas …

40A:21-20. Notice to taxpayers 20. A municipality which has adopted an ordinance providing for exemptions, or exemptions and abatements, pursuant to this act shall include the appropriate notice in the mailing of annual property tax bills to each owner of a dwelling located in an…

40A:21-21. Municipal reports to DCA, Treasury 21. The governing body of a municipality adopting an ordinance pursuant to this act shall report, on or before October 1 of each year, to the Director of the Division of Local Government Services in the Department of Community Affairs…

40A:21-3 Definitions. 3. As used in this act: a. "Abatement" means that portion of the assessed value of a property as it existed prior to construction, improvement or conversion of a building or structure thereon, which is exempted from taxation pursuant to this act. b. "Area in…

40A:21-4 Municipal ordinance granting exemptions or abatements. 4. The governing body of a municipality may determine to utilize the authority granted under Article VIII, Section I, paragraph 6 of the New Jersey Constitution, and adopt an ordinance setting forth the eligibility o…

40A:21-5. Limits on exemptions on abatements for dwellings 5. a. If the ordinance adopted pursuant to this act shall provide for the exemption from taxation of improvements to dwellings, it shall require that, in determining the value of real property, the municipality shall rega…

40A:21-6. Limits on exemptions or abatements for multiple dwellings 6. a. If the ordinance adopted pursuant to this act shall provide for the exemption from taxation of improvements to multiple dwellings, or of conversions of other buildings and structures, including unutilized p…

40A:21-6.1 Adoption of ordinance granting abatement, exemption from taxation for certain improvements to residential properties. 2. A municipality may adopt an ordinance granting an abatement or exemption from taxation for improvements to a residential property resulting from a r…

40A:21-6.2 Tax exemption, abatement for certain housing improvements to accommodate certain disabled persons. 2. A municipality may adopt an ordinance granting an abatement or exemption from taxation for improvements to a residential property that is a single family dwelling, res…

40A:21-7. Limits on exemptions for commercial, industrial structures 7. If the ordinance adopted pursuant to this act shall provide for the exemption from taxation of improvements to commercial or industrial structures, it shall require that, in determining the value of real prop…

40A:21-8. Tax agreements for construction of commercial, industrial structures or multiple dwellings 8. If the ordinance shall provide for tax agreements for the exemption and abatement from taxation for construction of commercial or industrial structures, or multiple dwellings, …

40A:21-9. Applications for tax agreements, requirements 9. Applicants for tax exemption and abatement for new construction of commercial or industrial structures or multiple dwellings shall provide the municipal governing body with an application setting forth: a. A general descr…