New Jersey Administrative Code
Title 18 - TREASURY - TAXATION
Chapter 17A - COUNTY TAX ASSESSOR PILOT PROGRAM UNDER P.L. 2009, c. 118 (N.J.S.A. 54:1-86 THROUGH 100 AND 52:27D-505)
Subchapter 4 - COUNTY REVALUATION/STARTUP COSTS
Section 18:17A-4.1 - County revaluation/startup costs

Universal Citation: NJ Admin Code 18:17A-4.1

Current through Register Vol. 56, No. 18, September 16, 2024

(a) On or before December 31, 2012, every municipality within the pilot county will have completed a real property revaluation based on standards set forth in 18:12A-1.1 4 and implemented by January 10, 2013, when the tax assessment list must be filed with the county board of taxation, pursuant to 54:4-35.

1. When the county assessor determines the need to order a taxing district to revalue its real property, he or she shall submit the proposed order to the Director, Division of Taxation, for his or her approval outlining the reasons that warrant such action. The Director shall base his or her approval on the standards set forth in 18:12A-1.1 4, except that, for purposes of this subsection, the term "county assessor" shall be substituted wherever the term "county board of taxation" appears in 18:12A-1.1 4. Upon approval of such order, the county assessor shall take appropriate action to implement same.

2. When the county assessor proposes to implement a district-wide reassessment, he or she shall submit an application to perform the reassessment with the county board of taxation and Director of the Division of Taxation.

3. The county assessor shall promulgate a phase-in plan or any other document that outlines the orderly completion and implementation of the municipal revaluations to the Director, Division of Taxation.

4. The county assessor may waive the revaluation requirement for a particular municipality upon his or her finding that the municipality implemented a revaluation by August 18, 2011 (24 months after the effective date of P.L. 2009, c. 118).

5. The cost of the revaluation shall be paid by the pilot county. The costs of a previous revaluation for a municipality that has been granted a waiver under (a)4 above shall be reimbursed by the pilot county.

(b) The monies required to be paid for municipal revaluations by a pilot county and the pilot county's administrative start-up costs shall not be included or considered a part of the county tax levy under section 4 of P.L. 1976, c. 68 (40A:4-45.4) or a part of the county's adjusted tax levy under sections 9 and 10 of P.L. 2007, c. 62 (40A:4-45.4 4 and 40A:4-45.4 5).

(c) Following the completion of the three-year phase-in schedule pursuant to P.L. 2009, c. 118, section 12, sufficient staff shall be present in each district office authorized within the pilot county pursuant to P.L. 2009, c. 118, subsection 6c, to assist the county assessor.

(d) Following the completion of the three-year period established pursuant to (a) above, the State shall reimburse the pilot county for those amounts for costs of municipal revaluations using funds made available to the pilot county from either the SHARE program pursuant to P.L. 2007, c. 63, section 30 (40A:65-30) from the Consolidation Fund established by P.L. 2008, c. 35, or both in equal installments, over three years.

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