Legal Opinion
Brockway Glass Co. v. Township of Freehold
New Jersey Superior Court Appellate Division
Decided July 8, 1991PublishedCited by 6 opinions
1Per curiam
Plaintiff Brockway Glass Company (Brockway) appeals from a judgment of the Tax Court that assessed its property located in the Township of Freehold (Township) for the 1984 tax year at $702,500 for the land and $13,177,500 for the improvements; and for the 1985 tax year at $702,500 for the land and $12,574,-500 for the improvements.
The property in question is a glass plant which Brockway’s expert evaluated based primarily on adjusted comparable sales at $7.8 million for each of the two tax years and based on the cost approach at approximately $7.5 million. The Township’s expert utilized the…
2Cases cited1 opinion
- Brockway Glass Co. v. Township of FreeholdNew Jersey Tax Court · 1989
3Cited by6 opinions
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- MCI Telecommunications Corp. v. Township of West OrangeNew Jersey Tax Court · 1998
- Orient Way Corp. v. Township of LyndhurstNew Jersey Tax Court · 2013
- Victor & Mary Aliotta, & Silo, Inc. v. Township of BellevilleNew Jersey Tax Court · 2013
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