Legal Opinion
Inmar Associates Inc. v. Borough of Carlstadt
New Jersey Tax Court
Decided July 19, 1985PublishedCited by 4 opinions
1Opinion of the Court
KAHN, J.T.C.
Taxpayer appeals the 1983 assessment on its property located on Paterson Plank Road in the Borough of Carlstadt, and known more particularly as Block 124, lots 1, 2, 3, 4 and 5. The assessments, affirmed by the Bergen County Tax Board, are as follows:
Lots 1,2,3,4 Lot 5 Total
Land $311,400 $343,800 $655,200
Improvements $ 48,000 $----- $ 48,000
Total $359,400 $343,800 $703,200
The parties have stipulated an assessment for improvements of $20,000, leaving for determination the true value for land.
The property, comprising 5.938 acres, is located in a heavy industrial area. There is some…
2Cases cited10 opinions
- City of New Brunswick v. State of New Jersey Division of Tax AppealsSupreme Court of New Jersey · 1963
- Aetna Life Insurance Co. v. City of NewarkSupreme Court of New Jersey · 1952
- Samuel Hird & Sons, Inc. v. City of GarfieldNew Jersey Superior Court Appellate Division · 1965
- City of Passaic v. Gera MillsNew Jersey Superior Court Appellate Division · 1959
- Meadowlands Regional Redevelopment Agency v. StateSupreme Court of New Jersey · 1973
5 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Inmar Associates, Inc. v. Borough of CarlstadtSupreme Court of New Jersey · 1988
- Mocco v. City of Jersey City (In Re Mocco)United States Bankruptcy Court, D. New Jersey · 1998
- Russo v. Borough of CarlstadtNew Jersey Superior Court Appellate Division · 1998
- Russo v. Borough of CarlstadtNew Jersey Tax Court · 1997