N.J.S.A. 54:4-3.136

Amount of exemption from assessed valuation

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 real property with the automatic fire suppression system included, minus the assessed valuation of the real property without the automatic fire suppression system. L.1983, c. 309, s. 7.

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This is the verbatim text of N.J.S.A. 54:4-3.136, 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.

N.J.S.A. 54:4-3.136 — Amount of exemption from assessed valuation | Kyzer