New Jersey Statutes
§ 46:8B-19 — Taxes, assessments and charges; valuation of units; exemptions or deductions
New Jersey·Title 46 PROPERTY
All property taxes, special assessments and other charges imposed by any taxing authority shall be separately assessed against and collected on each unit as a single parcel, and not on the condominium property as a whole. Such taxes, assessments and charges shall constitute a lien only upon the unit and upon no other portion of the condominium property. All laws authorizing exemptions from taxation or deductions from tax bills shall be applicable to each individual unit to the same extent they are applicable to other separate property. L.1969, c. 257, s. 19, eff. Jan. 7, 1970. Amended by L.1975, c. 2, s. 1, eff. Jan. 22, 1975.
Free access — add to your briefcase to read the full text and ask questions with AI
New Jersey § 46:8B-19 (Taxes, assessments and charges; valuation of units; exemptions or deductions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 46:8B-1
Short title§ 46:8B-10
Unit deeds and other instruments§ 46:8B-11
Amendments to master deed§ 46:8B-12
The association§ 46:8B-13
Bylaws§ 46:8B-14
Responsibilities of association§ 46:8B-15
Powers of association.§ 46:8B-16
Authority, rights of unit owner§ 46:8B-17
Common expenses§ 46:8B-18
Prohibited work§ 46:8B-2
Saving clause