Legal Opinion
Pennwalt Corp. v. Township of Holmdel
New Jersey Tax Court
Decided January 13, 1982PublishedCited by 26 opinions
1Opinion of the Court
RIMM, J. T. C.
This local property tax matter involves the issue of valuation for the tax year 1979 and the issues of valuation and discrimination for the tax year 1980.
*54The subject property is known as Block 3, Lot 2, and the original assessment for each of the years under appeal was the same, as follows:
Land $1,095,000
Improvements 4,375,000
Total $5,470,000
On appeal by the taxpayer to the Monmouth County Board of Taxation the assessment for 1979 was sustained. The 1980 assessment is before the Tax Court on a direct appeal.
The subject consists of 118 acres of land and six structures used for…
2Cases cited16 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
- Riverview Gardens, Section One, Inc. v. Borough of North ArlingtonSupreme Court of New Jersey · 1952
- Dworman v. Borough of Tinton FallsNew Jersey Tax Court · 1980
11 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- F.M.C. Stores Co. v. Borough of Morris PlainsSupreme Court of New Jersey · 1985
- Pantasote Co. v. City of PassaicSupreme Court of New Jersey · 1985
- Ford Motor Co. v. Township of EdisonSupreme Court of New Jersey · 1992
- MSGW Real Estate Fund, LLC v. Borough of Mountain LakesNew Jersey Tax Court · 1998
- Ford Motor Co. v. Edison TownshipNew Jersey Tax Court · 1988
21 more not listed; retrieve them via the Exa API.