a. Except as otherwise provided for in subsection b. of this section and in P.L.1982, c. 220 (C. 54:4-23a), a manufactured home shall be subject to taxation as real property under chapter 4 of Title 54 of the Revised Statutes when that home:
(1) Is affixed to the land on which it is sited by a permanent foundation; or
(2) Is affixed to that land by a nonpermanent foundation and connected to utility systems in such manner as to render the home habitable as a dwelling unit on a permanent basis.
b. A manufactured home which is installed in a mobile home park shall not be subject to taxation as real property.