Real property deemed to be in railroad use regardless of ownership or possession

  1. Law
  2. New Jersey Revised Statutes
  3. Taxation
  4. Real property deemed to be in railroad use regardless of ownership or possession

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54:29A-7.1. Real property deemed to be in railroad use regardless of ownership or possession

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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