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N.J.S.A. § 54:4-51.

Excess payment; crediting and application

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

The excess amount so ascertained shall be credited to the municipality in the taxing district in reduction of the next payments to be made on account of the same tax or a tax for the same or a similar purpose. Notwithstanding such credit, the state tax at the fixed rate shall be levied and collected as if there were no such credit. The tax collections which by reason of such credit need not be paid to the county treasurer, shall be applied by the municipality in the same manner as collections of delinquent taxes.

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In this chapter (40 sections)
  1. 54:4-35.1 · Material depreciation of structure; determination of value
  2. 54:4-36. · Assessor's affidavit; form and content
  3. 54:4-36.1. · Statement of estimated total amount of approved tax…
  4. 54:4-37. · Penalty for failure to file duplicate; removal of assessor
  5. 54:4-38 · Public inspection notice; advertisement; appeals
  6. 54:4-38.1 · Notice of current assessment, preceding year's taxes,…
  7. 54:4-39. · Amount appropriated for schools; notification by state…
  8. 54:4-40. · Amount required by general tax for state purposes;…
  9. 54:4-41. · County requirements certified by clerk of freeholders;…
  10. 54:4-42. · Tax requirements certified to county tax board
  11. 54:4-43. · Judgment executions added to tax requirements; duty of…
  12. 54:4-44. · Inclusion in next levy in certain cases
  13. 54:4-45 · Certified statement of amount of moneys appropriated for…
  14. 54:4-46. · Tax lists and duplicates revised by county board
  15. 54:4-46.1. · Adding amount of approved tax deductions to net amount to…
  16. 54:4-47. · Revision and equalization; functions of county board
  17. 54:4-48. · Changes entered; amount of total tax fixed
  18. 54:4-49 · Apportionment valuation; amount to be apportioned among…
  19. 54:4-49.1. · Apportionment valuation; property with local property…
  20. 54:4-50. · Reductions in assessments after rate fixed; additional…
  21. 54:4-51. · Excess payment; crediting and application
  22. 54:4-52 · Table of aggregates for county; prepared by county board
  23. 54:4-52.1. · Effective date
  24. 54:4-53. · Clerical errors; adjustment in following year
  25. 54:4-54. · Correction of errors; assessment against or payment on wrong…
  26. 54:4-55. · Corrected duplicates returned to taxing districts; lists…
  27. 54:4-55.1. · Custody of duplicate tax lists by collectors--Failure to…
  28. 54:4-56. · Taxes on property sold; apportionment; lien unaffected
  29. 54:4-57. · Taxes on federal property; payment by municipality deferred…
  30. 54:4-58. · Tax, assessment or water rate not set aside for…
  31. 54:4-59. · Court to amend and fix amount due
  32. 54:4-60. · Lien; court may make proper levy
  33. 54:4-61. · When assessment not to be set aside
  34. 54:4-62. · Amendment of assessment; grounds; computation
  35. 54:4-63.1. · "Completed" defined
  36. 54:4-63.10. · Payments by municipality to county
  37. 54:4-63.11. · Appeals from added assessments
  38. 54:4-63.11a. · Extension for hearing of appeal for added assessments
  39. 54:4-63.12. · Power of county board of taxation to assess omitted…
  40. 54:4-63.13. · Complaints of omitted property; procedure
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