New Jersey Statutes Title 54. Taxation 54 § 40A-50

a. a penalty of not less than $2,000 and not more than $4,000 for the first violation;

b. a penalty of not less than $5,000 and not more than $7,000 for the second violation within a five-year period;

c. a penalty of not less than $8,000 and not more than $10,000 for the third violation within a five-year period;

d. a penalty of not less than $11,000 and not more than $13,000 for a fourth violation within a five-year period; and

e. a penalty of $20,000 for a fifth or subsequent violation within a five-year period.