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

NJ Rev Stat § 54:1-30 (2019) (N/A)
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54:1-30. Investigation for securing true valuation every five years

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.