New Jersey § 54:4-23.15 Continuance of valuation, assessment and taxation under act

New Jersey Statutes

§ 54:4-23.15 — Continuance of valuation, assessment and taxation under act

New Jersey § 54:4-23.15

Title 54TAXATION

This text of New Jersey § 54:4-23.15 (Continuance of valuation, assessment and taxation under act) 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. § 54:4-23.15 (2026).

Text

Continuance of valuation, assessment and taxation under this act shall depend upon continuance of the land in agricultural or horticultural use and compliance with the other requirements of this act and not upon continuance in the same owner of title to the land. Liability to the roll-back tax shall attach when a change in use of the land occurs but not when a change in ownership of the title takes place if the new owner continues the land in agricultural or horticultural use, under the conditions prescribed in this act. L.1964, c. 48, s. 15.

Free access — add to your briefcase to read the full text and ask questions with AI

Continuance of valuation, assessment and taxation under this act shall depend upon continuance of the land in agricultural or horticultural use and compliance with the other requirements of this act and not upon continuance in the same owner of title to the land. Liability to the roll-back tax shall attach when a change in use of the land occurs but not when a change in ownership of the title takes place if the new owner continues the land in agricultural or horticultural use, under the conditions prescribed in this act. L.1964, c. 48, s. 15.