New Jersey A2944 revises farmland assessment eligibility to allow noncontiguous acres to qualify if at least three acres are contiguous.

New Jersey A2944 modifies the eligibility criteria for farmland assessment. Under the bill, land actively used for agricultural or horticultural purposes for at least two years can qualify for special valuation, even if the total acreage is noncontiguous, provided at least three acres are contiguous and all acres are owned by the same person. This change aims to prevent overdevelopment and manage property costs in the state.

New Jersey A2944 revises farmland assessment eligibility to allow noncontiguous acres to qualify if at least three acres are contiguous.

New Jersey A2944 modifies the eligibility criteria for farmland assessment. Under the bill, land actively used for agricultural or horticultural purposes for at least two years can qualify for special valuation, even if the total acreage is noncontiguous, provided at least three acres are contiguous and all acres are owned by the same person. This change aims to prevent overdevelopment and manage property costs in the state.