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New Law Increasing Refund Time for Approved Nonresidential Property Tax Appeals Will Lead Towns to Over-assess a Nonresidential Property

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Ridgewood NJ, NJBIA Statement on Law Increasing Refund Time for Approved Nonresidential Property Tax Appeals

New Jersey Business & Industry Association Vice President of Government Affairs Andrew Musick issued the following statement regarding the signing of bill A-2004, which increases the time municipalities have to refund successful nonresidential property tax appeals from 60 days to three years.

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