N.J.S.A. 54:4-3.59

Exemption of improvement to water supply or sewerage disposal system

54:4-3.59. Exemption of improvement to water supply or sewerage disposal system Notwithstanding the provisions of section 12 of "The Farmland Assessment Act of 1964," P.L.1964, c. 48, the value of any improvement to real estate, to the extent that said improvement has enhanced the value of such property, shall be exempt from general property taxation pursuant to Title 54 of the Revised Statutes. L.1967, c. 260, s. 1, eff. Dec. 26, 1967.

External source: View on Justia →

This is the verbatim text of N.J.S.A. 54:4-3.59, 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. 54:4-3.59 — Exemption of improvement to water supply or sewerage disposal system | Kyzer