Title 54, Title 54: TAXATION

54:4-3.139. Findings, determinations The Legislature finds and determines that: a. With the enactment of the "New Jersey Urban Enterprise Zones Act," P.L.1983, c.303 (C.52:27H-60 et seq.), the State has endeavored to induce private business concerns to locate or expand operations…

54:4-3.140. Definitions 2. As used in this act: "Abatement" means an exemption from real property taxes provided for the purposes of encouraging residential construction, conversion, improvement and redevelopment pursuant to this act; "Assessor" means the municipal tax assessor a…

54:4-3.141. Determination of need of rehabilitation; conversion or building of residential properties by municipal governing body The governing body of a qualified municipality may, by ordinance, determine that one or more areas within the municipality are in need of rehabilitati…

54:4-3.142. Abatements of real property taxes for qualified residential property; application, approval, requirement The governing body of a qualified municipality which has complied with the provisions of section 3 of this act may, by ordinance, provide for abatements of real pr…

54:4-3.143. Tax abatements for purchaser of residential property in urban redevelopment project When an urban redevelopment project, approved pursuant to section 19 of P.L.1961, c.40 (C.40:55C-58) includes the construction of qualified residential property, and the project is loc…

54:4-3.144. Application procedure for tax abatement a. No abatement shall be granted pursuant to this act except upon written application filed with the assessor of the taxing district wherein the improvement or conversion alteration is made and approved by the assessor or by ord…

54:4-3.145 Financial agreement; payments in lieu of taxes. 7. a. Each approved abatement shall be evidenced by a financial agreement between the qualified municipality and the applicant. The agreement shall be prepared by the applicant and shall contain the representations that a…

54:4-3.146. Annual administration fee payable by owner to municipality In addition to the annual payment required pursuant to section 7 of this act, the enabling ordinance may require, as part of the financial agreement, that the owner pay an annual administration fee to the qual…

54:4-3.147. Payments to be made quarterly, failure to pay; penalty The payments required pursuant to sections 7 and 8 of this act shall be made in quarterly installments according to the same schedule as real property taxes are due and payable. Failure to make these payments shal…

54:4-3.148. Liability of owner for real property taxes on land In addition to the payments required in lieu of taxes pursuant to section 7 of this act, the owner of a parcel of qualified property granted an abatement pursuant to this act shall be liable for all real property taxe…

54:4-3.149. No abatement granted for properties on which taxes are delinquent No abatement shall be granted pursuant to this act with respect to any property for which property taxes are delinquent or remain unpaid, or for which penalties for nonpayment of taxes are due. L.1989, …

54:4-3.15 Exemption of property used by veterans who sustained a permanent disability. 54:4-3.15. Any personal property or real estate not exceeding 250 acres in extent, owned and actually and exclusively used by any corporation organized under the laws of New Jersey to provide i…

54:4-3.150. Short title 1. This act shall be known and may be cited as the "Environmental Opportunity Zone Act." L.1995,c.413,s.1.

54:4-3.151. Findings, declarations relative to contaminated real property 2. The Legislature finds that there are numerous properties that are underutilized or that have been abandoned and that are not being utilized for any commercial use because of contamination that exists at …

54:4-3.152. Definitions 3. As used in this act: "Assessor" means the municipal tax assessor appointed pursuant to the provisions of chapter 9 of Title 40A of the New Jersey Statutes; "Contamination" or "contaminant" means any discharged hazardous substance as defined pursuant to …

54:4-3.153. Designation of environmental opportunity zones 4. The governing body of a municipality may, by ordinance, designate one or more qualified real properties in that municipality as an environmental opportunity zone. The ordinance adopted by the municipality shall list th…

54:4-3.154. Ordinance providing for tax exemptions 5. The governing body of a municipality which has adopted an ordinance pursuant to section 4 of P.L.1995, c.413 (C.54:4-3.153), shall, by ordinance, provide for exemptions of real property taxes for environmental opportunity zone…

54:4-3.155. Required application for exemption 6. No exemption shall be granted pursuant to P.L.1995, c.413 (C.54:4-3.150 et seq.) except upon written application filed with the assessor of the taxing district wherein the environmental opportunity zone is located and is approved …

54:4-3.156. Financial agreement evidencing approved exemption 7. a. Each approved exemption shall be evidenced by a financial agreement between the municipality and the applicant. The agreement shall be prepared by the applicant and shall contain the representations that are requ…

54:4-3.157. Payments in quarterly installments 8. The payments required pursuant to section 7 of P.L.1995, c.413 (C.54:4-3.156) shall be made in quarterly installments according to the same schedule as real property taxes are due and payable. Failure to make these payments shall …

54:4-3.158 Remedial action workplan. 9. a. The Department of Environmental Protection shall take final action on a technically complete remedial action workplan, submitted for a remediation in an environmental opportunity zone for which an exemption from real property taxes has b…

54:4-3.159 Real property acquired by Meadowlands Conservation Trust exempt from taxation. 15. Notwithstanding any law, rule, or regulation to the contrary, real property acquired by the Meadowlands Conservation Trust created pursuant to P.L.1999, c.31 (C.13:17-87 et al.) pursuant…

54:4-3.160 Resolution to provide property tax exemption for medical practices in Health Enterprise Zones. 4. A municipality that has within its boundaries a Health Enterprise Zone as described in section 1 of P.L.2004, c.139 (C.54A:3-7) may adopt a resolution that provides for an…

54:4-3.161 Tenant rebate to medical dental practice, administration. 5. a. Upon the granting of an exemption from taxation as real property pursuant to section 4 of P.L.2004, c.139 (C.54:4-3.160), an owner of the building or structure granted the exemption shall rebate to a tenan…

54:4-3.18. Exemption of turnpikes The turnpike road of any turnpike company used by the public without the payment of tolls shall be exempt from taxation under this chapter.

54:4-3.19. Exemption of metals in transit The metal contents of ores and unrefined metals owned by nonresidents of New Jersey and stopped in transit through the state for the purpose of refining shall be exempt from taxation under this chapter.

54:4-3.20. Exemption of personal property in storage All personal property stored in a warehouse of any person, copartnership or corporation engaged in the business of storing goods for hire shall be exempt from taxation under this chapter.

54:4-3.21. Exemption of motor vehicles All motor vehicles registered by the motor vehicle department of the state of New Jersey and upon which registration fees have been paid, in accordance with the provisions of Title 39, Motor Vehicles and Traffic Regulation, shall be exempt f…

54:4-3.24. Exemption of property of certain young people's associations; limitation All real and personal property used for the purposes and in the work of 1 or more of the associations known as Young Men's Christian Associations, Young Women's Christian Associations, Young Men's…

54:4-3.25. Exemption of property of veterans' associations; limitation 54:4-3.25. All real and personal property used in the work, for the support and for the purposes of one or more bona fide national war veterans' organizations or posts, or bona fide affiliated associations, wh…

54:4-3.26. Exemption of certain property of fraternal organizations All real and personal property used in the work and for the purposes of one or more fraternal organizations or lodges, or any association or society organized on the lodge plan, or affiliated associations, whethe…

54:4-3.26a. Exemption of property of fraternal organizations; date of application The exemption provided in the act to which this act is a supplement shall apply to the tax year 1972 and thereafter. L.1971, c. 339, s. 1, eff. Dec. 13, 1971.

54:4-3.27. Exemption of property of certain volunteer aid and relief associations or organizations All real and personal property used in the work and for the purposes of any association or organization, whether incorporated or unincorporated, organized for the purpose of furnish…

54:4-3.28. Growing crops, trees, shrubs and vines not taxable before severance No commercially planted and growing crops, trees, shrubs or vines while in the ground shall be listed for taxation in this State as personal property or be taxed, and each assessment of real property s…

54:4-3.29. Veterans' loans, exemption from taxation All veterans' loans under the provisions of the Veterans' Business Loan Act (1944), or under the provisions of Title III of the Servicemen's Readjustment Act of 1944 (Public Law 346, 78th Congress, Chapter 268-2nd Session), as a…

54:4-3.3 Exemption of public property. 54:4-3.3. Except as otherwise provided by article 1 of this chapter (s.54:4-1 et seq.) and P.L.2009, c.6 (C.54:4-3.6f et seq.), the property of the State of New Jersey; and the property of the respective counties and municipalities, and thei…

54:4-3.30 Disabled veteran's exemption. 1. a. The dwelling house and the lot or curtilage whereon the same is erected, of any citizen and resident of this State, now or hereafter honorably discharged or released under honorable circumstances, from active service in any branch of …

54:4-3.30a Exemption from taxation for certain tenants. 2. For the purposes of P.L.1948, c.259 (C.54:4-3.30 et seq.) a tenant shareholder in a cooperative or mutual housing corporation shall be entitled to an exemption from taxation under that act only to the extent of his propor…

54:4-3.31 Filing of claim. 2. All exemptions from taxation under P.L.1948, c.259 (C.54:4-3.30 et seq.) shall be allowed by the assessor upon the filing with him of a claim in writing under oath, made by or on behalf of the person claiming the same, showing the right to the exempt…

54:4-3.32 Return of certain taxes collected on exempt property. 3. The governing body of each municipality, by appropriate resolution, may return all taxes collected on property which would have been exempt had proper claim in writing been made therefor in the manner provided by …

54:4-3.33 "Dwelling house" defined. 4. "Dwelling house," as used in P.L.1948, c.259 (C.54:4-3.30 et seq.), shall mean any one-family building or structure or any apartment of a horizontal property regime established pursuant to the "Horizontal Property Act," P.L.1963, c.168 (C.46…

54:4-3.34. "Total blindness" defined A person shall be deemed to have "total blindness," as used in this act, when the vision in his better eye with proper correction does not exceed 20/200 as measured by Snellen chart or when there is a field defect in his better eye with proper…

54:4-3.35. Exemption for residences of district supervisors of religious organizations The dwelling house and the lot or curtilage whereon the same is erected, together with the accessory buildings located on the same premises, belonging to any religious association or corporatio…

54:4-3.3a. Real property acquired by state, state agency or state authority; exemption during period following acquisition Real property acquired by the State or by a State agency, or by an authority created by the State, shall not be exempt from taxation during the period or per…

54:4-3.3b. Date of commencement of exemption Where real property is acquired by the State or by a State agency, or by an authority created by the State, by purchase, condemnation or otherwise, such property shall become tax exempt on January 1 of the calendar year next following …

54:4-3.3c. Acquisition defined For the purposes of this act, the right of possession, subject to L.1970, c. 214, section 1, or vesting of title, whichever shall first occur, shall be deemed to be the acquisition with respect to such real property. L.1971, c. 370, s. 3, eff. Dec. …