All tangible household personal property and personal effects located
within the Borough of Oceanport shall not be assessed and taxed.
This article shall apply to taxes on tangible household personal property
and personal effects due and payable in the year 1962 and thereafter so long
as this article shall be in effect.
Certified copies of this article shall be filed with the Division of
Taxation in the Department of the Treasury of the State of New Jersey and
with the County Board of Taxation of Monmouth County.