NJ TAX ASSESSORS LATEST
EXAM
In the pre-tax year, applications for deductions can be filed with the
Assessor between these dates _________ - ANSWERS-October 1st -
December 31st
In the pre-tax year, applications for deductions can be filed with the
Collector between these dates _________ - ANSWERS-January 1st -
December 31st
What is the assessor's obligation to the taxpayer? - ANSWERS-Fair and
equitable treatment in assessing all property
How many assessors are assigned to each municipality? - ANSWERS-1
Who has the power to revoke a Tax Assessor Certificate? - ANSWERS-
Subsequent to a hearing, the Director of the Division of Taxation may
revoke or suspend an individual's Tax Assessor Certificate for
misconduct
Who establishes the county percentage level? - ANSWERS-County
Board of Taxation
END OF
PAGE
1
, NJ TAX ASSESSORS LATEST
EXAM
What is the county percentage level? - ANSWERS-The percentage of
true value at which all real property in the county must be assessed
What is the most important duty of the County Board of Taxation? -
ANSWERS-Hear appeals from taxpayers and taxing districts and direct
adjustments to assessments where warranted.
How many years experience in property tax administration must one
have in order to become County Tax Administrator? - ANSWERS-5
A real property tax deduction claimant establishes residence in New
Jersey on November 1, 2010. As of November 1, 2011, claimant is still
residing in dwelling. Is the claimant eligible for a 2012 deduction?
Explain why or why not. - ANSWERS-No. Because a real property tax
deduction claimant must have been domiciled in New Jersey for at least
one year immediately preceding October 1 of the pretax year, this
claimant is ineligible. However, if the claimant is still residing in the
dwelling on October 1, 2012 (pre-tax year), she is eligible for a
deduction in 2013.
END OF
PAGE
2
, NJ TAX ASSESSORS LATEST
EXAM
What is the limit on the amount of income earned by a claimant for a
property tax deduction? - ANSWERS-$10,000
What income categories are excluded from the income requirement for a
real property tax deduction? - ANSWERS-Social security, federal and
state pensions, disability or retirement programs
What is the youngest age (pre-tax year) for which a surviving spouse of
a senior citizen or disabled person can qualify for a deduction? -
ANSWERS-55
How many full property tax deduction are allowed in a year? -
ANSWERS-1
A house is owned by the wife of a Vietnam Veteran. The wife qualifies
for a senior citizen deduction and the husband is eligible for the veteran
property tax deduction. What total deduction are they entitled to? -
ANSWERS-$500
If a claimant serves active duty in the Air National Guard during the
Vietnam War is he eligible for a veteran's deduction? - ANSWERS-Yes
END OF
PAGE
3
, NJ TAX ASSESSORS LATEST
EXAM
If a surviving spouse of a recipient of a property tax deduction remarries
on September 30th of 2014 (pretax year), can she still receive a veterans
deduction in 2015? - ANSWERS-No. The status of surviving spouse
ceases upon remarriage.
A property considered for Farmland Assessment consists of 78 acres
cropland harvested, 20 acres cropland pastured, 10 acres permanent
pasture, 63 acres woodland, 1 acre pond, 2 acres under farmhouse, 5
acre dump for clean fill for a total of 179 acres. How many acres qualify
for Farmland Assessment? - ANSWERS-172 acres qualify. Five acres
for clean fill and 2 acres for farmhouses are not qualified.
When are roll-back taxes to a property that was formerly assessed under
the Farmland Assessment Act? - ANSWERS-If the use of land changes
from an argricultural/horticultural use then roll-back taxes will be
applied.
A parcel of land is assessed under the Farmland Assessment Act for the
tax years 2008, 2009, 2010 and 2011. A change in use occurs in March,
2011. For what years would roll-back taxes be applied? - ANSWERS-
Roll-back taxes would apply for 2009, 2010 and 2011. That is, the year
of change in use and the two prior years.
END OF
PAGE
4
EXAM
In the pre-tax year, applications for deductions can be filed with the
Assessor between these dates _________ - ANSWERS-October 1st -
December 31st
In the pre-tax year, applications for deductions can be filed with the
Collector between these dates _________ - ANSWERS-January 1st -
December 31st
What is the assessor's obligation to the taxpayer? - ANSWERS-Fair and
equitable treatment in assessing all property
How many assessors are assigned to each municipality? - ANSWERS-1
Who has the power to revoke a Tax Assessor Certificate? - ANSWERS-
Subsequent to a hearing, the Director of the Division of Taxation may
revoke or suspend an individual's Tax Assessor Certificate for
misconduct
Who establishes the county percentage level? - ANSWERS-County
Board of Taxation
END OF
PAGE
1
, NJ TAX ASSESSORS LATEST
EXAM
What is the county percentage level? - ANSWERS-The percentage of
true value at which all real property in the county must be assessed
What is the most important duty of the County Board of Taxation? -
ANSWERS-Hear appeals from taxpayers and taxing districts and direct
adjustments to assessments where warranted.
How many years experience in property tax administration must one
have in order to become County Tax Administrator? - ANSWERS-5
A real property tax deduction claimant establishes residence in New
Jersey on November 1, 2010. As of November 1, 2011, claimant is still
residing in dwelling. Is the claimant eligible for a 2012 deduction?
Explain why or why not. - ANSWERS-No. Because a real property tax
deduction claimant must have been domiciled in New Jersey for at least
one year immediately preceding October 1 of the pretax year, this
claimant is ineligible. However, if the claimant is still residing in the
dwelling on October 1, 2012 (pre-tax year), she is eligible for a
deduction in 2013.
END OF
PAGE
2
, NJ TAX ASSESSORS LATEST
EXAM
What is the limit on the amount of income earned by a claimant for a
property tax deduction? - ANSWERS-$10,000
What income categories are excluded from the income requirement for a
real property tax deduction? - ANSWERS-Social security, federal and
state pensions, disability or retirement programs
What is the youngest age (pre-tax year) for which a surviving spouse of
a senior citizen or disabled person can qualify for a deduction? -
ANSWERS-55
How many full property tax deduction are allowed in a year? -
ANSWERS-1
A house is owned by the wife of a Vietnam Veteran. The wife qualifies
for a senior citizen deduction and the husband is eligible for the veteran
property tax deduction. What total deduction are they entitled to? -
ANSWERS-$500
If a claimant serves active duty in the Air National Guard during the
Vietnam War is he eligible for a veteran's deduction? - ANSWERS-Yes
END OF
PAGE
3
, NJ TAX ASSESSORS LATEST
EXAM
If a surviving spouse of a recipient of a property tax deduction remarries
on September 30th of 2014 (pretax year), can she still receive a veterans
deduction in 2015? - ANSWERS-No. The status of surviving spouse
ceases upon remarriage.
A property considered for Farmland Assessment consists of 78 acres
cropland harvested, 20 acres cropland pastured, 10 acres permanent
pasture, 63 acres woodland, 1 acre pond, 2 acres under farmhouse, 5
acre dump for clean fill for a total of 179 acres. How many acres qualify
for Farmland Assessment? - ANSWERS-172 acres qualify. Five acres
for clean fill and 2 acres for farmhouses are not qualified.
When are roll-back taxes to a property that was formerly assessed under
the Farmland Assessment Act? - ANSWERS-If the use of land changes
from an argricultural/horticultural use then roll-back taxes will be
applied.
A parcel of land is assessed under the Farmland Assessment Act for the
tax years 2008, 2009, 2010 and 2011. A change in use occurs in March,
2011. For what years would roll-back taxes be applied? - ANSWERS-
Roll-back taxes would apply for 2009, 2010 and 2011. That is, the year
of change in use and the two prior years.
END OF
PAGE
4
