New Jersey § 54:4-3.143 Tax abatements for purchaser of residential property in urban redevelopment project

New Jersey Statutes

§ 54:4-3.143 — Tax abatements for purchaser of residential property in urban redevelopment project

New Jersey § 54:4-3.143

Title 54TAXATION

This text of New Jersey § 54:4-3.143 (Tax abatements for purchaser of residential property in urban redevelopment project) 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. § 54:4-3.143 (2026).

Text

When an urban redevelopment project, approved pursuant to section 19 of P.L.1961, c.40 (C.40:55C-58) includes the construction of qualified residential property, and the project is located in a qualified municipality which has adopted the provisions of this act, the urban renewal corporation or association carrying out the project may, upon completion of that qualified residential property, make application for tax abatements under this act on behalf of prospective purchasers of dwelling units whether the units be owner occupied or investor owned. L.1989, c.207, s.5.

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When an urban redevelopment project, approved pursuant to section 19 of P.L.1961, c.40 (C.40:55C-58) includes the construction of qualified residential property, and the project is located in a qualified municipality which has adopted the provisions of this act, the urban renewal corporation or association carrying out the project may, upon completion of that qualified residential property, make application for tax abatements under this act on behalf of prospective purchasers of dwelling units whether the units be owner occupied or investor owned. L.1989, c.207, s.5.