N.J. Admin. Code § 2:76-19.10

Current through Register Vol. 56, No. 21, November 4, 2024

Section 2:76-19.10 - Agriculture viability

(a) The base value shall be increased based upon the type of soil on the property pursuant to the following chart. The maximum adjustment for this factor shall be 20 percent.

	Statewide
	Prime	Importance	Unique
76% to 100%	20%	18%	12%
51% to 75%	15%	14%	9%
26% to 50%	10%	9%	6%
Less than 26%	5%	4%	3%

(b) If the property is reasonably contiguous to land that has been permanently preserved, the base value shall be increased by 12 percent.

N.J. Admin. Code § 2:76-19.10