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      <AccountantCompileOrReview>0</AccountantCompileOrReview>
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        <FinancialStatementSeparate>X</FinancialStatementSeparate>
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      <AuditCommittee>1</AuditCommittee>
      <FederalGrantAuditRequired>1</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>1</FederalGrantAuditPerformed>
    </IRS990>
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        <CurrentTaxYear>906634</CurrentTaxYear>
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      <Total170>
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      <PublicSupportPertcentPriorYear>0.97540</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
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      <ContributorInfo>
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        <ContributorNameBusiness>
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        </ContributorNameBusiness>
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      <PreservationOfOpenSpace>X</PreservationOfOpenSpace>
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      <WrittenPolicyMonitoring>1</WrittenPolicyMonitoring>
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      <CurrentYear>
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        <Contributions>6773</Contributions>
        <InvestmentEarningsOrLosses>9477</InvestmentEarningsOrLosses>
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        <Contributions>109453</Contributions>
        <InvestmentEarningsOrLosses>708</InvestmentEarningsOrLosses>
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        <EndOfYearBalance>144436</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <BeginningOfYearBalance>210169</BeginningOfYearBalance>
        <Contributions>150593</Contributions>
        <InvestmentEarningsOrLosses>2218</InvestmentEarningsOrLosses>
        <AdministrativeExpenses>152524</AdministrativeExpenses>
        <EndOfYearBalance>210456</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <CurrentYearMinus4Years>
        <BeginningOfYearBalance>137217</BeginningOfYearBalance>
        <Contributions>69539</Contributions>
        <InvestmentEarningsOrLosses>3413</InvestmentEarningsOrLosses>
        <EndOfYearBalance>210169</EndOfYearBalance>
      </CurrentYearMinus4Years>
      <BoardDesignatedEOYBalance>1.00000</BoardDesignatedEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>0</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <Land>
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        <BookValue>1255712</BookValue>
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      <Buildings>
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        <Depreciation>68200</Depreciation>
        <BookValue>136400</BookValue>
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      <LeaseholdImprovements>
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      <Equipment>
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        <BookValue>6237</BookValue>
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      <TotalOfBookValueLandBuildings>1580902</TotalOfBookValueLandBuildings>
      <OtherSecurities>
        <Description>SECURITIES AND OTHER INVESTMENTS</Description>
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        <MethodOfValuation>F</MethodOfValuation>
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      <TotRevenueEtcAuditedFinclStmt>984939</TotRevenueEtcAuditedFinclStmt>
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      <RevenueNotRptdF990>15316</RevenueNotRptdF990>
      <RevenueSubtotal>969623</RevenueSubtotal>
      <OtherRevenuesNotIncluded>-8553</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>-8553</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>961070</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>784063</TotExpensesEtcAuditedFinclStmt>
      <ExpensesNotRptdF990>0</ExpensesNotRptdF990>
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      <ExpensesNotRptdOnFinStmt>-8553</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>775510</TotalExpensesPerForm990>
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        <Explanation>UNREALIZED GAIN ON INVESTMENTS 15,316.</Explanation>
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      <Form990ScheduleDPartXIII>
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      <Form990ScheduleDPartXIII>
        <Identifier>PART XII, LINE 4B - OTHER ADJUSTMENTS:</Identifier>
        <Explanation>FUNDRAISING EXPENSES -8,553.</Explanation>
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      <Form990ScheduleDPartXIII>
        <Explanation>HUNTERDON LAND TRUST REPORTS LAND EASEMENTS ON THE BALANCE SHEET AT $1 PER EASEMENT. THE MONITORING VISITS AND REPORTS ARE CONDUCTED BY VOLUNTEERS AND STAFF.</Explanation>
      </Form990ScheduleDPartXIII>
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    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 11</ReturnReference>
        <Explanation>FINANCE AND EXECUTIVE COMMITTEE REVIEW THE FORM 990, PRIOR TO THE EXECUTIVE DIRECTOR SIGNING AND FILING THE RETURN.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>THE ORGANIZATION PROVIDES VENDOR LIST TO EMPLOYEES AND BOARD MEMBERS ON A YEARLY BASIS FOR REVIEW AND IDENTIFICATION OF POSSIBLE CONFLICTS OF INTEREST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>THE EXECUTIVE DIRECTOR RECEIVES AN ANNUAL REVIEW TO DETERMINE COMPENSATION INCREASES BY THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>UPON REQUEST</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>