{"data":{"id":"us-nj/n.j.-stat.-54-4-3.11","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-3.11","heading":"Exemption of franchises;  railroad and canal property","body":"All offices and franchises, and all property used for railroad or canal purposes by a railroad or canal company subject under any other law of this State to a franchise tax imposed upon it for the privilege of operating within this State, shall be exempt from taxation under this chapter.\nAmended by L.1964, c. 251, s. 1, effective Jan. 1, 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":"0e48fc87390008aaeb78651adbba9b79dce015b601e071e0243abdb9020d646b","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-3.10","next":"us-nj/n.j.-stat.-54-4-3.13"},"notice":"GroundRules: Original legal text. Not legal advice."}