Does landmark status make me eligible to receive financial support or favored tax status?

If your house is listed on the National Register of Historic Places you may be eligible for Federal Tax Credits. Unfortunately, New Jersey State law does not currently enable municipalities to grant favored tax treatment (abatement, exemptions, etc.) to designated historic structures; however, there is a bill in the State Assembly (Assembly Environment Committee—Assembly, No. 1172) that may enable you to recoup some monies if your house is designated a Landmark Site. This bill has been in front of the Assembly since March of 2000 but has not as yet been enacted into law.

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1. Historic Preservation: What’s in it for me?
2. Does landmark status provide me protection from the actions of municipal or other governmental agencies that may threaten my house or property?
3. Do the provisions of the ordinance apply only to my house, or to my land and outbuildings as well?
4. Under what circumstances will my property be subject to the review process of the Commission?
5. Will the Township regulate the exterior color of my structure?
6. What about the interior of my house?
7. Is there an appeal process?
8. Does landmark status make me eligible to receive financial support or favored tax status?
9. On what basis will the Commission make decisions regarding proposed additions or alterations to my property?