New Jersey § 54:4-12
Full text of New Jersey New Jersey Statutes § 54:4-12, with citation guidance and answers to common questions.
§ 54:4-12.
On or before July 1, 1965 and on or before July 1 in each year thereafter, each person
owning personal property used in business within the taxing district during any part
of the 12-month period ending on the preceding listing date and taxable under this
article shall prepare and file with the assessor a return of such taxable personal
property in such form and containing such information relating thereto as the Director
of the Division of Taxation shall prescribe. The return shall list such property for taxation according to its fair value as
of the preceding listing date, and a separate return shall be required for personal
property situated in each taxing district. All such returns shall be verified by the owner or his authorized agent under the
penalties of perjury. The assessors of the respective taxing districts shall review, audit and determine
the taxable valuations of each taxpayer required to file a return with them and shall
also determine the taxable value of tangible personal property not used in business. On or before January 10 in each year, the respective assessors shall complete such
review, audit and determination. The assessor of each taxing district shall include in his tax list and duplicate
the taxable valuations of tangible personal property determined by him.
Frequently Asked Questions About New Jersey § 54:4-12
What does New Jersey Statutes § 54:4-12 cover?
Section 54:4-12 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 § 54:4-12?
A common citation format is "New Jersey Statutes § 54:4-12" (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 § 54:4-12 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.