N.J. Admin. Code § 18:12A-1.16

Current through Register Vol. 56, No. 21, November 4, 2024

Section 18:12A-1.16 - Tax assessment lists and duplicates; data processing

(a) All tax assessment lists and duplicates shall be produced using the data processing system, currently known as MOD IV, as developed, maintained, and distributed by the State of New Jersey, Division of Taxation.

(b) The tax list shall be the original and the intermediate tax duplicate shall be an exact copy of the tax list.

(c) There shall be an additional list produced, which shall be designated as the extended tax duplicate. Owner and billing information may be updated subsequent to the production of the tax list. All other information shall be identical to the information on the tax list filed on January 10, reflecting the results of any corrections, revisions and additions by the county board of taxation pursuant to 54:4-46. In addition, the extended tax duplicate shall reflect the appropriate extensions after having the tax rate applied to the taxable ratables.

(d) All tax lists must comply with the specifications and contain all related reports as set forth by Property Administration, Local Property Section of the Division of Taxation.

(e) The administrator of each county board of taxation shall designate the critical dates as to the submission of data to the MOD IV program, in keeping with the administrative procedure now in force, with respect to the construction of the tax rolls and associated reports.

(f) All tax lists must comply with the specifications of the Director of the Division of Taxation, as promulgated in N.J.A.C. 18:12-1 through 18:12-3. Each county board of taxation may adopt such procedures as it deems necessary to implement the specifications in the MOD IV program as adopted by the Director of the Division of Taxation.

(g) All limited exemptions and abatements, approved under N.J.S.A. 40A:21-1 et seq., shall be indicated on the assessors' tax lists and duplicates by the appropriate symbol. Each symbol and the amount of the exemption shall be shown in column seven of the assessors' tax lists and duplicates.

(h) There shall be an additional list produced which shall be designated as the Limited Exemption/Abatement Audit Trail. This list shall contain the following data:

1. Name and code numeral of county and taxing district;

2. Name and address of owner, property, location, bank code;

3. Block number, lot number, and qualification code, if any, as shown on the official tax map of the taxing district;

4. Land description, building description, additional lots, property class;

5. Total for each exemption and the total amount of exemption(s); and

6. Effective dates of each exemption, and the beginning and ending years.

N.J. Admin. Code § 18:12A-1.16

Amended by 49 N.J.R. 271(a), effective 2/6/2017