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N.J.S.A. § 54:1-35c.

Average ratio; determination without usable real estate sales

Official textNew Jersey Statutes Annotated (Tax)lis.njleg.state.nj.uslast amended
Summarize

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.

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In this chapter (40 sections)
  1. 54:1-35.35. · Rules; standards for valuation and revaluation of real…
  2. 54:1-35.36. · Contract by municipality for valuation or revaluation of…
  3. 54:1-35.37. · Person aggrieved by determination; hearing
  4. 54:1-35.39. · Short title
  5. 54:1-35.4. · Review of equalization table
  6. 54:1-35.40. · Findings, determinations
  7. 54:1-35.41. · Definitions
  8. 54:1-35.42. · Allowance of relvaluation relief abatements
  9. 54:1-35.43. · Determination of eligible properties
  10. 54:1-35.44. · Certification of aggregate amount of revaluation relief…
  11. 54:1-35.45. · Delivery of tax bills to individuals assessed
  12. 54:1-35.46. · Alternate payment date
  13. 54:1-35.47. · Calculation of revaluation relief abatements
  14. 54:1-35.48. · Tax liability not less than base year
  15. 54:1-35.49. · Policies, procedures
  16. 54:1-35.5. · Effective date
  17. 54:1-35.50. · Rules, regulations
  18. 54:1-35.6. · Real estate sales ratio records as public records
  19. 54:1-35a. · Definitions
  20. 54:1-35b. · Average ratio and common level range; determination;…
  21. 54:1-35c. · Average ratio; determination without usable real estate…
  22. 54:1-36. · Failure to obey constitution and laws; commissioner to…
  23. 54:1-37. · Assessor not complying with law removable by court
  24. 54:1-39. · Order of removal; successor appointed
  25. 54:1-40. · Person removed ineligible for same office for five years
  26. 54:1-41. · Appeals to state board of tax appeals; procedure
  27. 54:1-42. · Commissioner may acquire property to satisfy claim;…
  28. 54:1-43. · Sale of property; approval by state house commission; use of…
  29. 54:1-44. · Use of property before sale; use of proceeds; repairs
  30. 54:1-45. · Separate accounts kept
  31. 54:1-46. · Short title
  32. 54:1-47. · Definitions
  33. 54:1-48. · Municipal purposes tax assistance fund; establishment;…
  34. 54:1-49. · Qualifying municipalities; annual payments; computation;…
  35. 54:1-50. · Participating municipalities; annual payments; computation;…
  36. 54:1-51. · Allocation of funds
  37. 54:1-52. · Date of payment
  38. 54:1-53. · Appropriations
  39. 54:1-54. · Inclusion of amount of state aid in municipal budget
  40. 54:1-58.1. · List of unlocated
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