N.J. Admin. Code § 18:15-4.2

Current through Register Vol. 56, No. 11, June 3, 2024

Section 18:15-4.2 - Indicia of value to be used

In valuing land which qualifies for farmland assessment, only those indicia of value which such land has for agricultural or horticultural uses are considered by the assessor and not the prospective value which such land has for sub-division or other non-agricultural or horticultural purposes.

N.J. Admin. Code § 18:15-4.2