N.J. Admin. Code § 18:23-3.1
Current through Register Vol. 56, No. 17, September 3, 2024
The Director assesses the annual property tax on all property used for railroad purposes, except main stem, tangible personal property, facilities used in passenger service, and Class II real property that transferred out of railroad ownership between January 1 and October 1 of the pre-tax year, and not used for railroad purposes on October 1 of the pre-tax year.
N.J. Admin. Code § 18:23-3.1