NJ Rev Stat § 54:29A-7.1 - Real Property Deemed to Be in Railroad Use Regardless of Ownership or Possession

Section 29A-7.1 - Real Property Deemed to Be in Railroad Use Regardless of Ownership or PossessionSection 29A-7.1 - Real Property Deemed to Be in Railroad Use Regardless of Ownership or Possession

Section 29A-7 - Property Taxable; Rate Section 29A-8 - Leased Property

For the purposes of the act to which this act is a supplement, real property shall be deemed to be in railroad use if such property is used for the transportation of persons or freight by a railroad, regardless of the ownership or possession of the real property. L.1979, c. 95, s. 2.

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