N.J. Admin. Code § 18:28-3.6

Current through Register Vol. 56, No. 24, December 18, 2024

Section 18:28-3.6 - Disposition of claims by the assessor

(a) Upon receipt of a written claim for exemption, the assessor shall immediately determine the validity of the claim. If determined invalid, the assessor shall notify the claimant in writing of the disapproved claim and advise claimant of the right to appeal.

(b) If determined valid, the assessor shall notify the collector in writing of the approved claim. Said notification to the collector will set forth the following:

1. Name of property owner;

2. A brief description of the property;

3. Present assessed value of the property;

4. Exact date on which claimant acquired the property, was declared disabled, or became entitled to the exemption, whichever occurred last;

5. The proportionate share of the exemption to which the claimant is entitled; and

6. Citation of law authorizing the exemption; that is, N.J.S.A. 54:4-3.30.

(c) In most cases, exemption will take effect during the tax year subsequent to the assessors' filing of their tax lists on January 10. However, cancellation of an eligible veteran's taxes for the remainder of the year can be requested by a written confirmation of the assessor to both the local governing body and the tax collector that the veteran meets the conditions for exemption in the manner required in N.J.A.C. 18:28-3.2(b). The municipal tax collector is then authorized to cancel the tax assessment if the municipal governing body approves the refund. The governing body forwards the assessor's statement of approval, along with the governing body's resolution, to the county board of taxation. In this manner, the veteran is able to receive the exemption after the closing of the tax list.

(d) A partial or prorated exemption is permitted for the remainder of any taxable year from the date ownership or title to the dwelling house is acquired, provided all other eligibility requirements are met. For example, when an application is filed on June 1st of the tax year for exemption on a dwelling house acquired on February 14th of the tax year, the assessed value for taxation purposes may be prorated so that 44/365ths of the total assessment is taxable and 321/365ths is exempt.

N.J. Admin. Code § 18:28-3.6

Adopted by 50 N.J.R. 1501(a), effective 7/2/2018