11/03/2026
Your tax bill isn’t always about today.
If land was farmland-assessed and that use changes, New Jersey can go back three years and bill the difference between what farmland assessment saved you and what full assessment would have cost. Two years before the change, one year before it, and the year of change itself all get revisited.
It is a cost buyers and sellers routinely miss until closing is already in motion. On land carrying a farmland assessment, that number belongs in your due diligence before it shows up in your settlement statement.
BayfordBridge walks landowners through this exposure before they sign anything.
Talk to BayfordBridge.
NJRollbackTax FarmlandAssessment NJLandInvesting LandDueDiligence BayfordBridge