IMO that's exactly backwards.
The 2nd Amendment to the Constitution contains the only reference to 'arms', and it states that our right to acquire and bear the best means of self-protection (arms) 'shall not be infringed' . Further, all other powers other than those explicitly enumerated in the Constitution and its Amendments, are relegated to the states.
The method the states used to invent the power to 'regulate' (read 'restrict') 'arms' was through the Interstate Commerce clause. And of course liberal leaning courts went along with that. "Since arms cross state lines in commerce, we can 'regulate' them."
In a complete bastardization of 'Constitutional Rights', the state of New Jersey moves all the way from 'regulating interstate commerce' to charging (read: taxing) you to exercise your natural right to self-defense enumerated in the 2nd Amendment.
See what they did there?