N.J.S.A. § 54:4-6.6.
Computation of property tax rebate
5. The property tax rebate for each tenant shall be computed by the property owner by subtracting from the total property tax reduction as calculated pursuant to section 4 of P.L.1976, c.63 (C.54:4-6.5) an amount equal to the proportion that nonresidential rents and the rental value of the owner's or the owner's employee's personal occupancy bears to total rental value, and then by dividing the remaining property tax reduction among all residential tenants in proportion to the rent each is required to pay.
L.1976, c.63,s.5;amended 1977, c.81, s.4; 1998, c.15, s.3.
Source: view the official text
In this chapter (40 sections)
- 54:4-3.6j · Exemption from taxation for certain properties used as…
- 54:4-3.7. · Charitable institution tax exemption
- 54:4-3.70. · Administrative rules
- 54:4-3.71. · Severability
- 54:4-3.79. · Standards and guidelines; rules and regulations
- 54:4-3.9. · Exemption of burial grounds and vaults
- 54:4-4. · Certain municipal land extending into another county
- 54:4-4.4. · Initial, further statements
- 54:4-5a. · Remission of county taxes
- 54:4-5b. · County institution; defined
- 54:4-6. · County tax rebate
- 54:4-6.1. · Credit to municipality where federal agency or corporation…
- 54:4-6.10. · Regulations
- 54:4-6.11. · Double damages
- 54:4-6.12. · Failure to provide rebate, notice, certification,…
- 54:4-6.13. · Severability
- 54:4-6.2. · Short title
- 54:4-6.3 · Definitions relative to tenants property tax rebates
- 54:4-6.4. · Property tax rebate to tenants by owner of qualified real…
- 54:4-6.5. · Computation of amount of property tax reduction
- 54:4-6.6. · Computation of property tax rebate
- 54:4-6.7. · Payment of property tax rebate, credit
- 54:4-6.8. · Statement of amount paid and certification of compliance;…
- 54:4-7. · Deductions for slaughter of condemned cattle
- 54:4-8. · Deductions made by tax collector; resolution
- 54:4-8.10 · Definitions
- 54:4-8.11 · Veterans' tax deduction
- 54:4-8.12 · Application for tax deduction
- 54:4-8.13. · Filing of application with assessor
- 54:4-8.15 · Facts essential to support claim for deduction
- 54:4-8.16. · Continuance of deductions
- 54:4-8.17 · Apportionment of veteran's deduction; additional to other…
- 54:4-8.18 · Continuance to deduction right; change in status
- 54:4-8.19. · Rules and regulations; forms
- 54:4-8.20. · Administration of oaths
- 54:4-8.21. · Appeals
- 54:4-8.22. · Repeal
- 54:4-8.23. · Application of act
- 54:4-8.24 · Reimbursement to taxing district relative to veterans'…
- 54:4-8.25 · Property tax deferment for certain persons in military…