# N.J. Stat. § 54:29A-11: Assessment in lieu

> New Jersey · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-11

## Section

- **Citation:** N.J. Stat. § 54:29A-11
- **Heading:** Assessment in lieu
- **Jurisdiction:** New Jersey
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** NJ Code / Title 54 / Chapter 29A / Section 29A-11

## Text

Taxes assessed pursuant to this act shall be in lieu of all other State or local taxation of or measured by property used for railroad purposes, including the main stem, tangible personal property and facilities used in passenger service, other than assessments for benefits. L.1941, c. 291, p. 777, s. 11. Amended by L.1964, c. 251, s. 4; L.1966, c. 139, s. 3, eff. June 17, 1966.

## Nearby sections

- [N.J. Stat. § 54:29A-1 Short title](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-1.md)
- [N.J. Stat. § 54:29A-2 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-2.md)
- [N.J. Stat. § 54:29A-4 Property not used for railroad purposes](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-4.md)
- [N.J. Stat. § 54:29A-5 Municipal assessment of benefits; delegation of powers by commissioner](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-5.md)
- [N.J. Stat. § 54:29A-6 General powers of commissioner](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-6.md)
- [N.J. Stat. § 54:29A-7 Property taxable; rate](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-7.md)
- [N.J. Stat. § 54:29A-7.1 Real property deemed to be in railroad use regardless of ownership or possession](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-7.1.md)
- [N.J. Stat. § 54:29A-8 Leased property](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-8.md)
- [N.J. Stat. § 54:29A-10 Grade crossing improvements exempt](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-10.md)
- [N.J. Stat. § 54:29A-11 Assessment in lieu](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-11.md)
- [N.J. Stat. § 54:29A-12 Assessment procedure](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-12.md)
- [N.J. Stat. § 54:29A-13 Franchise excise](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-13.md)
- [N.J. Stat. § 54:29A-14 Measure of franchise tax](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-14.md)
- [N.J. Stat. § 54:29A-15 Assessment; franchise tax](https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-15.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_NJ_T54_C29A_S29A-11. Check the current official text before relying on it. Not legal advice.