N.J.S.A. § 54:4-1.12.
Storage tank deemed real property
3. For the purposes of chapter 4 of Title 54 of the Revised Statutes and notwithstanding the provisions of R.S.54:4-1, a storage tank having a capacity of more than 30,000 gallons is deemed to be real property. The fact that products are mixed, blended, heated or subjected to a similar non-production process within a storage tank shall not in itself render that tank personal property.
L.1986,c.117,s.3; amended 1992,c.24,s.5.
Source: view the official text
In this chapter (40 sections)
- 54:4-1 · Property subject to taxation
- 54:4-1.1. · Pending litigation unaffected; effect on existing…
- 54:4-1.10. · Tax exempt real property; activity conducted for profit;…
- 54:4-1.11. · Procedures for administration of tax
- 54:4-1.12. · Storage tank deemed real property
- 54:4-1.13. · Short title
- 54:4-1.14. · Findings, declarations
- 54:4-1.15. · Definitions
- 54:4-1.16. · Schedule for reducing assessment
- 54:4-1.17 · Construction of 1997 utility tax act
- 54:4-1.18 · Definitions relative to taxation of recreational vehicles
- 54:4-1.19 · Exemption from taxation as real property for certain…
- 54:4-1.2. · Short title
- 54:4-1.20 · Outdoor advertising sign, structure deemed real property
- 54:4-1.3. · Legislative findings and determinations
- 54:4-1.4. · Definitions
- 54:4-1.5. · Manufactured homes subject to taxation as real property
- 54:4-1.6. · Municipal service fee; ordinance; imposition on…
- 54:4-1.7. · Sales tax; imposition on manufacturer's invoice price of…
- 54:4-1.8. · Trailers; inapplicability of act
- 54:4-1.9. · Transfer inheritance and estate tax; application to…
- 54:4-2. · Taxation of property of corporations
- 54:4-2.10. · Anticipation of taxes to be collected from leasehold…
- 54:4-2.11. · Leasehold estates existing October 1, 1949
- 54:4-2.12 · Application of act, exemptions
- 54:4-2.13. · Effective date
- 54:4-2.25. · Standard of value for assessment of real property; taxable…
- 54:4-2.26. · Percentage level of taxable value; limits
- 54:4-2.27. · Time for establishment of percentage level of taxable…
- 54:4-2.2a. · State property defined
- 54:4-2.2b. · State property; assessment and subjection to in lieu tax…
- 54:4-2.2c. · Statements of taxable value
- 54:4-2.2d. · Review and revision of list and assessment by director;…
- 54:4-2.2e. · State's liability for in lieu tax payments; computation;…
- 54:4-2.2e1. · Adjustments to in lieu of tax payment
- 54:4-2.2f. · Certification of amount of liability
- 54:4-2.2g. · Annual appropriation; inclusion in budget
- 54:4-2.2h. · Anticipation by municipalities in preparation of annual…
- 54:4-2.2i. · Payment; dates
- 54:4-2.2j. · Appropriation lower than amount necessary for full…