Which exemption is NOT part of the tax list in New Jersey?

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 pension funds exemption is not included in the tax list in New Jersey. This exemption relates to retirement savings and benefits that are generally exempt from local property taxation. In New Jersey, certain assets associated with pension funds are not subject to taxation on the property tax rolls, which is meant to protect individuals' retirement income from being levied for local taxes.

In contrast, the other options, such as the pollution control exemption, fallout shelter exemption, and fire suppression system exemption, are designed to encourage specific public interests or safety measures by allowing for exemptions on properties that meet certain criteria. These exemptions typically serve to promote environmental protections, civil defense, or public safety, respectively, and are thus recorded on the tax list to provide tax relief for qualifying properties.

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