New Jersey’s agriculture legacy is crucial, and the Division of Taxation reaffirms its commitment to farmland assessment regulations, effective October 19, 2023, under N.J. Admin. Code §§ 18:15. This program aids local farmers and preserves landscapes, offering favorable tax treatment to eligible farmland owners. These re-adopted regulations remain in force until October 19, 2030, supporting farmland sustainability. New Jersey’s dedication to preserving agricultural traditions and ensuring farming’s future is evident, recognizing its importance in history and beyond.

Read more here.