N.J. Admin. Code § 18:23-2.1

Current through Register Vol. 56, No. 21, November 4, 2024
Section 18:23-2.1 - Property not used for railroad purposes
(a) Property of a railroad company not used for railroad purposes, such as facilities and buildings leased or used for commercial purposes, is not subject to the railroad property tax.
(b) Such property is assessed and taxed in the same manner and at the same rate as other property in the taxing district.

N.J. Admin. Code § 18:23-2.1

Amended by 49 N.J.R. 456(b), effective 3/6/2017