Chemical Bank New Jersey, N.A. v. City of Absecon

RIMM, J.T.C.

This is a local property tax matter in which defendant municipality challenges the standing of plaintiff to bring the suit. The municipality states that plaintiff is not a taxpayer under the applicable statute, N.J.S.A. 54:3-21, but is only a mortgagee.

The subject property is a Howard Johnson hotel containing 208 rooms on approximately 12.9 acres of land. The address is 539 Absecon Boulevard, Absecon, New Jersey, and the property is designated as Block 225, Lots 9 and 10 on the tax map of defendant municipality. The year in contest is 1991, for which year the assessment on Lot 9…