New Jersey § 40a:21-14
Full text of New Jersey New Jersey Statutes § 40a:21-14, with citation guidance and answers to common questions.
§ 40a:21-14.
Any ordinance adopted pursuant to the provisions of this act may also provide that
an additional improvement, conversion or construction, completed on a property granted
a previous exemption or abatement pursuant to this act during the period in which
such previous exemption or abatement is in effect, shall be qualified for an exemption,
or exemption and abatement, just as if such property had not received a previous exemption
or abatement. In such case, the additional improvement, conversion or construction shall be considered
as separate for the purposes of calculating exemptions and abatements pursuant to
this act, except that the assessed value of any previous improvement, conversion or
construction shall be added to the assessed valuation as it was prior to that improvement,
conversion alteration or construction for the purpose of determining the assessed
valuation of the property from which any additional abatement is to be subtracted. Unless provided by ordinance, no additional exemption or abatement shall be allowed.
Frequently Asked Questions About New Jersey § 40a:21-14
What does New Jersey Statutes § 40a:21-14 cover?
Section 40a:21-14 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 40a:21-14?
A common citation format is "New Jersey Statutes § 40a:21-14" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 40a:21-14 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.