New Jersey § 54:4-3
Full text of New Jersey New Jersey Statutes § 54:4-3, with citation guidance and answers to common questions.
§ 54:4-3.
a. Any building and its pertinent contents and the land whereon it is erected and which
may be necessary for the fair enjoyment thereof owned by a nonprofit corporation and
which has been certified to be an historic site to the Director of the Division of
Taxation in the Department of the Treasury by the Commissioner of Environmental Protection as hereinafter provided shall be exempted from real property taxation by the Director of the Division of Taxation after a determination by the director
that the property meets the criteria set forth in section 2 of P.L.2004, c. 183 ( C.54:4-3.54b ) . b. The municipal tax assessor shall annually certify to the Director of the Division
of Taxation that each property certified for an historic site real property tax exemption
continues to be qualified for its exempt status under the criteria set forth in section
2 of P.L.2004, c. 183 ( C.54:4-3.54b ). c. The Director of the Division of Taxation, by rule or regulation, shall set an annual
fee, to be collected by the municipal assessor from the owner of an historic site
that has been granted an historic site real property tax exemption, for the review
of the real property tax exemption status of the historic site. The fee shall not exceed $50 per year and shall be used to offset the cost to the
municipal assessor for the review and certification to the director.
Frequently Asked Questions About New Jersey § 54:4-3
What does New Jersey Statutes § 54:4-3 cover?
Section 54:4-3 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 § 54:4-3?
A common citation format is "New Jersey Statutes § 54:4-3" (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 § 54:4-3 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.