54:4-3.59 - Exemption of improvement to water supply or sewerage disposal system - New Jersey Statutes

54:4-3.59.  Exemption of improvement to water supply or sewerage disposal system
    Notwithstanding the provisions of section 12 of  "The Farmland Assessment Act of 1964,"  P.L.1964, c. 48, the value of any improvement to real estate, to  the extent that said improvement has enhanced the value of such property, shall  be exempt from general property taxation pursuant to Title 54 of the Revised  Statutes.

     L.1967, c. 260, s. 1, eff. Dec. 26, 1967.