Title 54, Title 54: TAXATION

54:4-3.116. Certification; qualifications; contents; filing; effective date of exemption The enforcing agency, when requested for any such certification, shall certify a system as being a solar energy system whenever he finds the equipment, facility, device, or system installed w…

54:4-3.117. Revocation; grounds The enforcing agency, after giving notice to the holder of a solar energy certificate, may revoke such certificate whenever any of the following appears: a. The certificate was obtained by fraud or misrepresentation; b. The claimant for tax exempti…

54:4-3.118. Review; action of enforcing agency; action of assessor or director of division of taxation a. Any person aggrieved by any action of the enforcing agency may seek review before the board of appeals. b. Any person aggrieved by any action of the assessor or of the Direct…

54:4-3.119. Amount of exemption; determination The owner of real property which is equipped with a certified solar energy system may have exempted annually from the assessed valuation of the real property a sum equal to the remainder of the assessed valuation of the real property…

54:4-3.120. Rules and regulations Subject to the "Administrative Procedure Act" P.L.1968, c. 410 (C. 52:14B-1 et seq.), the Director of the Division of Taxation is authorized to adopt all rules and regulations necessary for the proper certification of any tax exemption, the form …

54:4-3.13. Exemption of property of public fire patrol or salvage corps The real and personal property of an association or corporation organized under the laws of this state to maintain, and actually maintaining a public fire patrol or salvage corps for the public purpose of sav…

54:4-3.130. Definitions As used in this act: a. "Automatic fire suppression system" means a mechanical system designed and equipped to detect a fire, activate an alarm, and suppress or control a fire without the necessity of human intervention and activated as a result of a prede…

54:4-3.131. Certified automatic fire suppression system; tax exemption An automatic fire suppression system installed after the effective date of this act in a residential, commercial, or industrial building and certified by the enforcing agency as an automatic fire suppression s…

54:4-3.132. Certification; application; inspection The enforcing agency shall grant a certification pursuant to section 2 of this act upon receipt of a written application made under oath on a form prescribed by the Director of the Division of Taxation in the Department of the Tr…

54:4-3.133. Certificate; issuance; contents; commencement of exemption The enforcing agency shall certify that an automatic fire suppression system is exempt from taxation pursuant to section 2 of this act when the equipment, facility, or system installed was designed primarily a…

54:4-3.134. Revocation The enforcing agency, after giving notice to the holder of an automatic fire suppression system certificate, may revoke the certificate whenever any of the following appears: a. The certificate was obtained by fraud or misrepresentation; b. The claimant for…

54:4-3.135. Appeals from action of enforcing agency, director of division of taxation or assessor a. A person aggrieved by an action of the enforcing agency may seek review before the board of appeals. b. A person aggrieved by an action of the Director of the Division of Taxation…

54:4-3.136. Amount of exemption from assessed valuation The owner of real property equipped with a certified automatic fire suppression system may have exempted annually from the assessed valuation of the real property a sum equal to the remainder of the assessed valuation of the…

54:4-3.137. Rules and regulations Subject to the "Administrative Procedure Act," P.L.1968, c. 410 (C. 52:14B-1 et seq.): a. The Director of the Division of Taxation shall adopt rules and regulations necessary for the proper certification of a tax exemption and the form of a certi…

54:4-3.138. Tax exemption A pet cemetery which is dedicated to pet cemetery purposes pursuant to the provisions of section 3 of this act and which is organized as a nonprofit corporation pursuant to Title 15A of the New Jersey Statutes is exempt from taxation as real property und…

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…