54:1-35c - Average ratio; determination without usable real estate sales - New Jersey Statutes

54:1-35c.  Average ratio;  determination without usable real estate sales
    Where it is not possible for purposes of this act, to determine the average  ratio in any taxable district by reason of the fact that there are no usable  real estate sales during the period referred to in section 1. a. of this act,  the director may consider such other data and studies as may be available and  he may make such further and different investigations of assessment practices  as he may deem necessary or desirable for establishing the  "average ratio"  required by this act.

     L.1973, c. 123, s. 6, eff. May 9, 1973.