Real property deemed to be in railroad use regardless of ownership or possession

N.J. Stat. § 54:29A-7.1
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
For the purposes of the act to which this act is a supplement, real property shall be deemed to be in railroad use if such property is used for the transportation of persons or freight by a railroad, regardless of the ownership or possession of the real property. L.1979, c. 95, s. 2.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.njleg.state.nj.us/legislative-activity/statutesFetched: 10/17/2026

Starting a business in New Jersey? New Jersey LLC guide: costs and requirements