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Code · New Jersey · Title 54 — Debtor and Creditor · Chapter 1

54:1-30. Investigation for securing true valuation every five years

105 words·~1 min read·/nj/title-54/chapter-1/54-1-30

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The Director of the Division of Taxation shall, once in every 5 years beginning with the calendar year 1933, investigate in each county assessments made against any property, including the property of railroad and canal companies, for the purpose of securing a uniform taxable valuation of all such property within each county for the purpose of taxation. The investigation shall be conducted in the manner provided in sections 54:1-26 to 54:1-29 of this Title. The director may, after due investigation, order or make a reassessment of any property undervalued, or a reassessment of all property in the county.
Amended by L.1960, c. 51, s. 16.
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