Township of Moorestown, NJ
Burlington County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Township Council of the Township of Moorestown as indicated in article histories. Amendments noted where applicable.]
[Adopted 12-13-1993 by Ord. No. 1680-93[1]; amended in its entirety 5-9-2005 by Ord. No. 13-2005]
[1]
Editor's Note: This ordinance also repealed former Ch. 164, Art. I, Tax Abatement for Housing Units, adopted 6-11-1969 by Ord. No. 980. Ordinance No. 1680-93 also provided, however, that Ch. 164 remain "in effect for exemptions and abatements granted pursuant thereto until such exemptions and abatements shall expire."
As used in this article, the following terms shall have the meanings indicated:
ABATEMENT
That portion of the assessed value of the property as it existed prior to construction, improvement or conversion of a building or structure thereon which is exempted from taxation pursuant to N.J.S.A. 40A:21-1 et seq.
DWELLING
A building or part of a building used, to be used or held for use as a home or residence, including accessory buildings located on the same premises, together with land upon which such building or buildings are erected and which may be necessary for fair enjoyment thereof, but shall not be any building or part of a building defined as a "multiple dwelling" pursuant to N.J.S.A. 55:13A-1 et seq. A dwelling shall include, as they are separately conveyed to individual owners, individual residences within a horizontal property regime or a condominium but shall not include "general common elements" or "common elements" of such horizontal regime or condominium.
IMPROVEMENT
A modernization, rehabilitation, renovation, alteration or repair which produces a physical change in the existing building or structure that improves the safety, sanitation, decency or attractiveness of the building or structure as a place for human habitation or work, and which does not change its permitted use. In no case shall it include the repair of fire or other damage to a property for which payment of a claim was received by any person from an insurance company at any time during the three-year period immediately preceding the filing of an application.
The Tax Assessor, upon the timely receipt of the property application for a property more than 20 years old, and verification of the information contained therein, shall, in determining the value of the real property, regard the first $25,000 of true value of the improvements as not increasing the taxable value of the property for a period of five years.
During said exemption period, the assessment on the property shall not be less than the assessment which existed immediately prior to the improvements, unless there is damage to the dwelling through the action of the elements sufficient to warrant a reduction, or an abatement is granted under this article.
The Tax Assessor shall also provide an abatement of the assessed value of the property receiving the improvement, as it existed immediately prior to the improvement. Said abatement shall not exceed 30% of the amount of the exemption for five years.
Applications filed pursuant to this article shall, if approved, take initial effect for the first full tax year after the application is filed.
[Adopted 12-13-2010 by Ord. No. 29-2010]
Sections 164-7 through 164-10 are adopted pursuant to N.J.S.A. 54:5-54 and N.J.S.A 54:5-97.1, as amended on January 18, 2010.
A. 
The Tax Collector shall charge a lienholder of a tax lien the maximum fee permitted by N.J.S.A. 54:5-97.1 for the calculation of the amount due to redeem the tax lien.
B. 
Any request for a redemption calculation shall be submitted in writing to the Tax Collector and must specify the date to be used for the calculation, which shall be the date of the notice.
C. 
The fee paid to the municipality shall not become part of the lien and shall not be passed on to any party entitled to redeem pursuant to N.J.S.A. 54:5-54.
A. 
The Tax Collector shall provide to any party entitled to redeem a certificate pursuant to N.J.S.A. 54:5-54 two calculations of the amount required for redemption within a calendar year at no cost. For each subsequent calculation requested of the Tax Collector by the same party, the Tax Collector shall charge the maximum fee permitted by N.J.S.A. 54:5-54.
B. 
Any request for a redemption calculation shall be submitted in writing to the Tax Collector and must specify the date to be used for the calculation, which shall be the date of the notice.
C. 
The fee paid to the municipality shall not become part of the lien and shall not be passed on to any party entitled to redeem pursuant to N.J.S.A. 54:5-54.
Neither the tax collector nor the municipality shall be liable for an incorrect calculation.
All fees collected shall be deposited into the municipal treasury.