{"data":{"id":"us-nj/n.j.-stat.-54-4-2.44","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-2.44","heading":"Standard of value;  assessment","body":"The standard of value according to which tangible personal property used in  business subject to taxation shall be assessed shall be the true value thereof.   Such assessment shall be expressed in terms of the taxable value of the  property.\nL.1966, c. 138, s. 2, eff. June 17, 1966.","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":"9ab4793adb0a70d0928f4a687031c3fc591ceadb4f31721aafa4ae4676d5b543","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-2.43","next":"us-nj/n.j.-stat.-54-4-2.45"},"notice":"GroundRules: Original legal text. Not legal advice."}