{"data":{"id":"us-nj/n.j.-stat.-54-4-3.48","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-3.48","heading":"Exemption of blast or radiation fallout shelters","body":"The value of any blast or radiation fallout shelter erected upon real property occupied for residential purposes by not more than 2 families, to the extent that it has enhanced the value of such property, shall be exempt from taxation, provided, however, that such exemption shall not exceed $1,000.00 of the assessed value of such property based at 100% of true value.\nL.1962, c. 87, s. 1, eff. June 18, 1962.","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":"d7740c745769206b0adf7a88fcc0849d50452749920c31b6c69d524dd7080711","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-3.35","next":"us-nj/n.j.-stat.-54-4-3.49"},"notice":"GroundRules: Original legal text. Not legal advice."}