N.J. Admin. Code § 18:12-2.8
Current through Register Vol. 56, No. 21, November 4, 2024
Section 18:12-2.8 - Tax list and instructions(a) This section describes the form and content of the real property tax list and duplicate for each tax year as prescribed by the Director of the Division of Taxation. 1. The size of the tax list and duplicate should be 14 inches by 17 inches or 8 1/2 inches by 11 inches. Each page of a tax list should provide for 14 line items.i. Page headings: (1) Title: "REAL PROPERTY TAX LIST"; An identical list shall also be prepared as the assessor's duplicate;(3) Taxing district name and number;(4) County name and number; and(5) County percentage level.ii. Column headings: The following headings shall appear on the real property tax list and duplicate.(1) Column 1--Line number: This column assigns a line number to a particular parcel of property for identification in billing and other purposes. Each line must be consecutively numbered on every page.(2) Column 2--Block number, lot number, qualification code, and account number: Insert the parcel block and lot number and the qualification code if any. Qualification codes are shown on the real property tax list under the legend. Enter the account number, if used, in this column.(3) Column 3--Land dimensions, acreage, property classification, building description code and additional lots: Insert land dimensions of the lot or lots or acreage, building description code and property classification.(4) Column 4--Owner's name: Insert owner's name, mailing address and zip code, property location, billing code, type of zoning as shown on zoning map of taxing district and tax map page.(5) Column 5--Land taxable value.(6) Column 6--Improvements taxable value.(7) Column 7--Exemptions: Insert the exemption code and exemption amount in this column. The specific exemptions are as found in the MOD IV User Manual.(8) Column 8--Net taxable value: Insert the total of columns 5 and 6 minus column 7.(9) Column 9--Deductions: Approval of a tax deduction should be indicated by designating "V" in the case of a veteran, "W" in the case of a widow or widower, surviving spouse, surviving civil union partner, or surviving domestic partner of a veteran or serviceperson, "S" in the case of a senior citizen, "D" in the case of a disabled citizen, and "R" in the case of a surviving spouse, surviving civil union partner, or surviving domestic partner. Indicate if there are several owners or deductions in this column to determine the proportionate share of the eligible applicant's interest in the property.(10) Special tax codes: Insert the special tax code as found in the MOD IV User Manual.iii. Property classification summary:(1) The summary of the several real property classes will be prepared on a separate listing and will facilitate the preparation of an accurate sales ratio card (Form SR-3A) for each taxing district.(2) Note that classification 3 (Farm) is divided into two sub-classes. Class 3A (Regular) includes all farmland and farm improvements not assessed under the Farmland Assessment Act of 1964 ( P.L. 1964, c. 48). Class 3B (Qualified) includes those lands that are assessed under the Farmland Assessment Act of 1964. Farms classified as 3B are subject to roll-back taxes in the event of a change in use.iv. Assessor's affidavit--form and content:(1) See N.J.S.A. 54:4-36 for the form of affidavit to be annexed to the tax list and duplicate.(2) When a district-wide revaluation or reassessment is implemented, and the taxable valuations conform to the county percentage level established for such year, the assessor should affix to his or her assessment list and duplicate, the affidavit and additional statement required under N.J.S.A. 54:4-36(a) and (b), in order that the percentage level established for the taxable value of real property in the county be accepted as the common level for such year. (See N.J.S.A. 54:4-2.47.)N.J. Admin. Code § 18:12-2.8
Amended by 50 N.J.R. 664(a), effective 1/16/2018