Seaboard Landing, LLC v. Borough of Penns Grove

DeALMEIDA, P.J.T.C.

This is the court’s opinion with respect to plaintiff Seaboard Landing, LLC’s (“Seaboard”) request for relief pursuant to N.J.S.A. 54:51A-8, commonly known as the Freeze Act. Specifically, Seaboard requests entry of Judgments reducing the assessments on the subject property for tax years 2009, 2010 and 2013. For the reasons more fully explained below, the court concludes that Seaboard is entitled to Freeze Act relief for tax year 2013. The court also concludes, however, that Freeze Act relief is not authorized for tax years 2009 and 2010 and that neither the square corners…