Legal Opinion
Brae Associates v. Park Ridge Borough
New Jersey Superior Court Appellate Division
Decided March 6, 2001PublishedCited by 9 opinions
1Per curiam
Park Ridge Borough (Park Ridge) appeals from the Tax Court’s determination of the true value of commercial property for the tax years 1990 through 1995. The property consists of a 226,568 square foot building on 14.56 acres of land. For the tax years in question, Park Ridge assessed the property at $5,096,000 for the land and $34,759,000 for the improvements, for a total of $39,855,000. The taxpayer, Brae Associates (Brae Associates) c/o Hertz Realty (Hertz) appealed to the Tax Court, which entered judgments setting the true value of the property at $34,078,750 for tax year 1990; $34,006,930…
2Cases cited11 opinions
- Aetna Life Insurance Co. v. City of NewarkSupreme Court of New Jersey · 1952
- Pantasote Co. v. City of PassaicSupreme Court of New Jersey · 1985
- Ford Motor Co. v. Township of EdisonSupreme Court of New Jersey · 1992
- Glen Wall Associates v. Township of WallSupreme Court of New Jersey · 1985
- CPC Int'l, Inc. v. Bor. of Englewood CliffsNew Jersey Superior Court Appellate Division · 1984
6 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- General Motors Corp. v. Linden CityNew Jersey Tax Court · 2005
- West Colonial Enterprises, LLC v. City of East OrangeNew Jersey Superior Court Appellate Division · 2004
- Best Foods v. Englewood Cliffs BoroughNew Jersey Tax Court · 2001
- McLane Western, Inc. v. Department of RevenueColorado Court of Appeals · 2008
- Universal Folding Box Co. v. Hoboken CityNew Jersey Superior Court Appellate Division · 2002
4 more not listed; retrieve them via the Exa API.