N.J.S.A. 54:4-2.26

Percentage level of taxable value; limits

54:4-2.26. Percentage level of taxable value; limits Every percentage level of taxable value of real property established by a county board of taxation shall be expressed as a multiple of 10%, and no level so established shall be lower than 20% or higher than 100% of the standard of value. L.1960, c. 51, s. 2.

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This is the verbatim text of N.J.S.A. 54:4-2.26, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.