What is the property class code for commercial properties?

Prepare for the New Jersey Certified Tax Assessor Test with our quiz. Engage with flashcards and multiple choice questions, complete with hints and detailed explanations. Ace your exam!

The property class code for commercial properties is identified as 4A. This coding system is part of the classification used in New Jersey to categorize different types of properties for tax assessment purposes. Commercial properties, which include businesses and income-generating properties, are assigned a specific code to help assessors efficiently determine their value and tax implications.

In this context, the other choices represent different categories of properties: for instance, class codes such as 2 typically refer to residential properties, while others may denote various types of land or special uses. Each code is designed to assign properties to their respective classes for clearer assessment and taxation processes, highlighting why 4A is the correct designation for commercial entities.

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