Quiz Flashcards
Property taxation statutes are found in Title 54 of both the _________ and ___________.
Revised Statutes of NJ 1937 and New Jersey Statutes Annotated (N.J.S.A.)
What is Real Property?
The land and any objects attached to the land in a permanent manner
Property may be exempted from taxation only by _____________ or by ________________.
Constitutional Provision
General Laws
__________________ must develop a county equalization table as prescribed by law, and submit it on or before ___________ annually to the county board of taxation for review.
County Tax Administrator
March 1st
The responsibilities of the county board of taxation fall into two categories:
Administrative and Appellate
New Jersey laws authorize ____________ to provide specific government services to portions of a municipality.
Special Districts
Direct supervision of the assessor in the performance of their duties is the responsibility of the ____________________ and ___________________.
County Tax Administrator
County Board of Taxation
Value is determined as of _____________ of the preceding year.
October 1
The ____________________ has the power to revoke a Tax Assessor Certificate or suspend an assessor.
Director of Division of Taxation
An assessor who has served four continuous years in office immediately prior to reappointment acquires ________ with such reappointment.
Tenure
One of the qualifications to be met as a recipient of a deduction for a Senior Citizen, Disabled Person or Surviving Spouse requires the dwelling house to be ________ and _________ by the applicant.
Owned and Occupied
Permitted exclusions from the annual income limitations include ___________, _____________, or ___________.
Social Security benefits
Railroad Pension
Government Pension
On or before __________ of the post tax year, a deduction recipient must file with the ___________ a statement of income for the tax year.
March 1
Tax Collector
When an initial application is denied by the assessor, the assessor must forward “notice of disallowance” to the claimant on or before _____________.
June 1 of the tax year
The veteran applicant must be a citizen of New Jersey as of ___________ of the pretax year.
October 1
The status of a surviving spouse of a veteran ceases ____________.
Upon remarriage
Once a ___________ deduction is established as of October 1st, a deduction prevails for the whole of the ensuing tax year despite any change in title to the property at any time during the calendar year.
Veterans
Absence from this State for _______________ is considered prima facia evidence of abandonment of domicile.
12 months
Veteran claimant must have been _____________ or released under _________________ circumstances from full-time ________________ during a time of war.
Honorably Discharged
Honorable
Active Duty
Regardless of the number of claimant-owners, the total deduction for a Senior Citizen, Disabled Person, Surviving Spouse is ___________.
$250.00
The ___________________ has full control over the preparation and rules governing tax maps.
Director Division of Taxation
An engineer must also have the designation of ___________________ to be qualified to work on a tax map.
NJ Licensed Professional Land Surveyor
Tax Maps are filed on ____________ with the county clerk - recorder of deeds.
January 1st
Tax Maps are also filed on ____________ with the _____________.
January 10 with the County Board of Taxation
The _________________ has full control over the design, content and layout of the tax list.
Director Division of Taxation
The Notice of Assessment is mailed to each taxpayer on ________________.
February 1st
If the Notice of Assessment is not mailed until March 10, what is the impact on the property tax calendar?
The appeal is extended
List the breakdown of the property classifications used for real property for the assessment sales ratio program:
Class 1 - Vacant Class 2 - Residential Class 3A - Farmland Regular Class 3B - Farmland Qualified Class 4A - Commercial Class 4B - Industrial Class 4C - Apartment (more than 4 residences) Class 15 - Exempt Class 5A and 5B - Railroad Property Class 6A and 6B - Business Personal Property
Why is certain land used for farmland purposes allowed to deviate from the “same standard of value” clause in the New Jersey Constitution?
A constitutional amendment was passed to allow for the assessment of farmland at its value for agricultural use.
What are the basic qualifications for a parcel to meet in order for it to be granted farmland assessment?
- The parcel must by five acres actively devoted to agricultural use
- Must have been devoted two years prior to the year of application
- The income must be $1000 for the first five acres and $5.00 for each additional acre
- Woodland or wetland is $.50 per additional acre
- Should be a management plan if woodland
- The owner must file an application with the assessor by August 1st of pretax year
The farmland application is filed with the tax assessor on what date?
If the farmer is ill or dies then the application can be filed on what date instead?
In the pretax year preceding a revaluation the application can be filed as late as what date?
August 1
September 1
December 1
By what date must the assessor notify a claimant if there is a denial of the application for farmland assessment?
November 1
A change in ownership should or should not trigger a rollback assessment if a parcel is assessed as qualified farmland?
Should NOT, as long as the land use has not changed
How many years of assessment are generally triggered by rollback assessments?
Three years - Current and prior two years
Who files the appeal to trigger a rollback?
Tax Collector, Tax Assessor, Governing Body, or taxpayer
When do you need a woodland management plan?
When claiming on non-appurtenant woodland
What is the basis for valuing farmland if market value is the basis for all other values?
Agriculture or horticulture use
