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Bill > ACR110
NJ ACR110
NJ ACR110Amends State Constitution to decrease acreage required for farmland assessment with certain requirements for valuing farmland under five acres in area.
summary
Introduced
02/12/2026
02/12/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This constitutional amendment decreases the amount of land required to qualify for the farmland assessment from five acres to three acres. Currently, the Constitution provides a full farmland assessment for land that is five acres or greater in area. The constitutional amendment provides that farmland that is three acres or greater, but less than four acres, only receives farmland assessment for 60 percent of the total property tax valuation and farmland that is four acres or greater, but less than five acres, receives farmland assessment for 80 percent of the total property tax valuation. Currently, the Constitution allows land not less than five acres in area that has been dedicated to farmland use, for at least two years prior to the tax year, to be valued by the local tax assessor for the value of agricultural or horticultural use and not the market value of the property. Only the land which is used for farmland is eligible for farmland assessment; buildings and homes on farmland are assessed in the same manner as other non-farm property. The amendment is intended to allow more property owners to qualify for farmland assessment.
AI Summary
This concurrent resolution proposes to amend the New Jersey Constitution to lower the minimum acreage required for farmland assessment, a tax benefit that allows land actively used for farming or horticulture to be valued for property tax purposes based on its agricultural use rather than its market value. Currently, at least five acres are needed to qualify for this assessment, which has been in place since 1963. The amendment would reduce this threshold to three acres, but with a tiered system for properties between three and five acres: land between three and four acres would receive farmland assessment for 60% of its value, while land between four and five acres would receive it for 80% of its value, with land of five acres or more continuing to receive the full farmland assessment. This change aims to allow more property owners to benefit from this tax relief, with the understanding that buildings and homes on farmland are still assessed at market value.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Introduced, Referred to Assembly Agriculture and Natural Resources Committee (on 02/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/ACR110 |
| BillText | https://pub.njleg.gov/Bills/2026/ACR/110_I1.HTM |
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