N.J. Stat. § 54:4-5a
Current through L. 2024, c. 87.
Any taxing district in which there has been located a county institution, other than an educational institution or parklands, regardless of whether such lands are owned and occupied by a park commission or by any other department, division, agency or instrumentality of the county government, which occupies more than 200 acres, and which constitutes at least 5% of the total land area of the taxing district, shall have remitted or rebated by the county treasurer a sum equal to a percentage of the county tax rate applied to the entire amount of ratables remaining subject to taxation, according to the following schedule:
1982 45%
1983 40%
1984 30%
1985 15%
1986 15%
1987 and thereafter 0%
N.J.S. § 54:4-5a