Township of Washington, NJ
Morris County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the Township Committee of the Township of Washington as indicated in article histories. Amendments noted where applicable.]
[Adopted 4-21-1986 by Ord. No. 13-86 (Ch. 25 of the Revised General Ordinances)]
The Township of Washington hereby acknowledges having been duly designated as a qualified municipality pursuant to P.L. 1975, c. 104, as amended.[1]
[1]
Editor's Note: See N.J.S.A. 54:4-3.72 et seq.
The following described area of the Township of Washington is hereby designated as the area in which residential buildings may be eligible for tax exemption pursuant to P.L. 1975, c. 104, as amended: Block 28, Lots 26 - 33; Block 33, Lots 45 - 49; Block 34, Lots 50 - 54; Block 35, Lots 14 - 19.
All housing units which are in buildings at least 20 years old and which are otherwise eligible for tax exemption pursuant to P.L. 1975, c. 104, as amended, the regulations duly promulgated pursuant hereto and this article, shall have exempt from taxation the first $10,000 of otherwise taxable improvements for a period of five years following completion of such improvements.
No exemption of improvements from taxation shall be allowed except pursuant to statute and duly promulgated regulations of the Department of Community Affairs and the Division of Taxation.
The Tax Assessor of the Township of Washington shall implement P.L. 1975, c. 104, as amended, in the Township of Washington and shall accept and receive applications for exemption of improvements from taxation and shall record such applications and retain them as a permanent part of the municipal tax records.
The Tax Collector shall, within a year of the adoption of this article, supply to each residential taxpayer in the approved area a notice concerning the tax exemption program, which notice shall be in a form approved by the Department of Community Affairs.