The definitions used in Article II shall be the same as they appear in N.J.S.A. 54:4-3.140.
That portion of the assessed value of a property as it existed
prior to construction of a building or structure thereon which is
exempted from taxation pursuant to this chapter.
The officer of the Township of Mount Holly charged with the
duty of assessing real property for the purpose of general taxation.
A structure, or part thereof, used for the manufacturing,
processing or assembling of material or manufactured products, or
for research, office, industrial, commercial, retail purposes, or
for any combination thereof, which the Township Council determines
will tend to maintain or provide gainful employment within the Township,
assist in the economic development of the Township, and maintain or
diversify and expand commerce within the Township. It shall not include
any structure or part thereof used or to be used by any business relocated
from another qualifying municipality.
Substantially ready for the intended use for which a building
or structure is constructed, improved or converted.
The provision of a commercial or industrial structure, or
the enlargement of the volume of an existing commercial or industrial
structure by more than 30%, but shall not mean the conversion of an
existing building or structure to another use.
That portion of the Assessor's full and true value of any
improvement, conversion, alteration or construction not regarded as
increasing the taxable value of a property pursuant to this Act.
A property submitted to a horizontal property regime pursuant
to the "Horizontal Property Act," N.J.S.A. 46:8A-1 et seq.
A modernization, rehabilitation, renovation, alteration or
repair which produces a physical change in an existing building or
structure that improves the safety, sanitation, decency or attractiveness
of the building or structure as a place for human habitation, and
which does not change its permitted use. In the case of a commercial
or industrial structure, it shall not include ordinary painting, repairs
and replacement of maintenance items, or an enlargement of the volume
of an existing structure by more than 30%. In no case shall it include
the repair of fire or other damage to a property for which claim was
received by any person from an insurance company at any time during
the three-year period immediately preceding the filing of an application
pursuant to Articles Ill or IV of this chapter.
[1]A building, or part of a building, used, to be used or held
for use as a home or residence, including accessory buildings located
on the same premises, together with the land upon which such building
or buildings are erected and which may be necessary for the fair enjoyment
thereof, including multiple dwellings of no more than two units. A
dwelling shall include, as they are separately conveyed to individual
owners, individual residences within a cooperative, if purchased separately
by the occupants thereof, and individual residences within a horizontal
property regime or a condominium, but shall not include "general common
elements" or "common elements" of such horizontal property regime
or condominium, as defined pursuant to the "Horizontal Property Act,"
N.J.S.A. 46:8A-1 et seq., or the "Condominium Act," N.J.S.A. 46:8B-1
et seq., or of a cooperative, if the residential units are owned separately.
No exemption or abatement shall be granted pursuant
to this chapter and the Enabling Act with respect to any property
for which property taxes are delinquent or remain unpaid, or for which
penalties for nonpayment of taxes are due.
A.
Written application. A written application for a real
property tax abatement and/or exemption shall be filed with the Tax
Assessor on a form prescribed by the Director of the Division of Taxation
and provided for the use of claimants by the Township.
B.
Time for filing. Applications shall be filed with
the Assessor within 30 days, including Saturdays and Sundays, following
the completion of the improvement, construction or conversion.
C.
Approval.
(1)
Residential construction, conversion, improvement or redevelopment. Applications made pursuant to Article II of this chapter shall be approved by the Township Council if it is timely filed and is consistent with the provisions of Articles I and II of this chapter and the property for which the application is made constitute qualified residential property pursuant to the provisions of N.J.S.A. 54:4-3.139 et seq.
(2)
Residential dwellings more than 20 years old. Every application filed pursuant to Article Ill of this chapter shall be approved and allowed by the Assessor to the degree that the application is consistent with the provisions of Articles I and II of this chapter, provided that the improvement for which the application is made qualifies as an improvement pursuant to the provisions of N.J.S.A. 40A:21-1 et seq.
(3)
Commercial and industrial structures. Every application for exemption filed pursuant to Article IV of this chapter, which is filed within the time specified, shall be acted upon by the Township Council in accordance with the provisions of Article IV of this chapter, provided that the improvement or construction for which the application is made qualifies as an improvement or construction pursuant to the provisions of N.J.S.A. 40A:21-1 et seq.
