N.J.S.A. § 54:4-2.4.
Leasehold less than calendar year; proportionate assessment
Where the whole or any part of the term of such leasehold estate in any calendar year is less than the whole of such calendar year, the assessment for such year shall be that proportion of the amount of the assessment for the full year which the number of days said leasehold estate exists in said calendar year bears to three hundred sixty-five.
L.1949, c. 177, p. 566, s. 2.
Source: view the official text
In this chapter (40 sections)
- 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…
- 54:4-2.2k. · Rules and regulations; access to facts and information
- 54:4-2.3. · Exempt property leased to person whose property is not…
- 54:4-2.31. · Personal property classifications; rules and regulations
- 54:4-2.32. · Partial invalidity
- 54:4-2.33. · Repeals
- 54:4-2.34. · Applicability of act
- 54:4-2.35. · Intention of legislature
- 54:4-2.37. · Time of performance
- 54:4-2.38. · Time of performance
- 54:4-2.39. · Return of tangible personal property used in business
- 54:4-2.4. · Leasehold less than calendar year; proportionate assessment
- 54:4-2.40. · Failure to file return; penalty
- 54:4-2.41. · Use of returns; destruction
- 54:4-2.42. · Confidential nature of returns
- 54:4-2.43. · Co-operation and assistance of assessors and public…
- 54:4-2.44. · Standard of value; assessment
- 54:4-2.46. · Time of determining true value; assessment date
- 54:4-2.47. · Taxable value of tangible personal property; computation
- 54:4-2.48. · Return of taxable personal property; filing; review, audit…
- 54:4-2.49. · Failure to file return; penalty
- 54:4-2.49a. · No first year payment
- 54:4-2.5. · Added Assessment Lists
- 54:4-2.50. · Rules and regulations
- 54:4-2.51. · Partial invalidity
- 54:4-2.53. · Application of act
- 54:4-2.6. · Collection of taxes on leasehold estate
- 54:4-2.7. · Appeal
- 54:4-2.8. · Lien upon leasehold estate
- 54:4-2.9. · Proportionate cancellation on termination of leasehold…
- 54:4-3.10 · Property of firefighters' association, exemption from…