New Jersey Statutes

§ 54:4-2.3 — Exempt property leased to person whose property is not exempt

New Jersey § 54:4-2.3
JurisdictionNew Jersey
Title 54TAXATION

This text of New Jersey § 54:4-2.3 (Exempt property leased to person whose property is not exempt) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 54:4-2.3 (2026).

Text

When real estate exempt from taxation is leased to another whose property is not exempt, and the leasing of which does not make the real estate taxable, the leasehold estate and the appurtenances shall be listed as the property of the lessee thereof, or his assignee, and assessed as real estate. L.1949, c. 177, p. 566, s. 1.

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Bluebook (online)
New Jersey § 54:4-2.3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/54%3A4-2.3.