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New Jersey's Farmland Assessment Act, administered by the New Jersey Department of Treasury, provides for lower assessment based on productivity of farmland if it meets specific eligibility criteria. To qualify for the tax assessment reduction, a landowner must have no less than five acres of farmland actively devoted to an agricultural or horticultural use for the two years immediately preceding the tax year being applied for and meet specific minimum gross income requirements based on the productivity of the land.

For Farmland Assessment questions, contact Rich Belcher at (609) 633-2549 or see New Jersey's Farmland Assessment Act: A Primer on Basic Requirements.

Rutgers University's Food Policy Institute has prepared a report on the impact of possible changes to the Farmland Assessment Act:
Evaluating Changes in the Eligibility Provisions for Farmland Assessment in New Jersey 

Additional information on farmland productivity values, such as imputed income values from grazing, can also be found in the State Farmland Evaluation Advisory Committee's annual land productivity values report.