New Jersey § 55:18-1

§ 55:18-1.

As used in this act: a. “ Dwelling unit ” means a room or connected rooms within a residential structure forming a self-contained

area within that structure and adapted to provide permanent living accommodations

for a person or family, including the availability of heat, electricity, water and

necessary equipment for the culinary and sanitary requirements of a household of a

size for which it is intended. b. “ Resident first-time homebuyer ” means a natural person, or the unit of husband and wife considered as joint tenants

or tenants by the entirety, who is not and has never been the owner of, or holder

of an ownership interest in, residential property in this State, exclusive of any

interest as a stockholder or partner in a corporation or limited partnership, or as

trustee for another person or persons; who enters or proposes to enter into a lease

agreement with a municipality under the terms of this act; and who at the time of

entering into such a lease is a bona fide resident of that municipality. c. “ Housing corporation ” means any corporation formed under the provisions of Title 15 of the Revised Statutes, 1 which by its certificate of incorporation as issued or amended is empowered to engage

in the activity of developing, constructing and operating residential accommodations

for persons of low and moderate income, or any private, limited-dividend or nonprofit

housing corporation organized in accordance with the provisions of the “Limited-Dividend

Nonprofit Housing Corporations or Associations Law,” P.L.1949, c. 184 ( C. 55:16-1 et seq. ). d. “ Nonresidential structure ” means any building designed and built for use as a factory or warehouse, or for

retail or wholesale merchandising, office, workshop, school, hospital, hotel, or any

other commercial, industrial or institutional purpose; or which, having been designed

and built for residential use, has been altered, converted or reconstructed for nonresidential

use. e. “ Persons and families of low and moderate income ” means persons and families whose income is insufficient, in relation to the current

cost and condition of housing facilities available in the normal private-enterprise

housing market, to secure safe, sanitary and decent housing adequate for the size

of the family. f. “ Residential structure ” means any building constructed or reconstructed, rehabilitated, converted or altered

for the purpose of providing dwelling units for the accommodation of nontransient

tenants. A structure containing nonresidential space and facilities not exceeding 25% of

its total rental value shall be “residential” within this definition. 1

Repealed; see, now, Title 15A.