{"data":{"id":"us-nj/n.j.-stat.-54-4-1.12","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-1.12","heading":"Storage tank deemed real property","body":"3.     For the purposes of chapter 4 of Title 54 of the Revised Statutes and notwithstanding the provisions of R.S.54:4-1, a storage tank having a capacity of more than 30,000 gallons is deemed to be real property. The fact that products are mixed, blended, heated or subjected to a similar non-production process within a storage tank shall not in itself render that tank personal property.\nL.1986,c.117,s.3; amended 1992,c.24,s.5.","path":["TITLE 54 TAXATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"2e452c39c0fc42ac82a2ee916a98bd249ec0815ff4793f33939f5ccabfcf6d94","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-1.11","next":"us-nj/n.j.-stat.-54-4-1.13"},"notice":"GroundRules: Original legal text. Not legal advice."}