Borough of Wood-ridge v. Bergen County Board of Taxation

The opinion of the court was delivered by

Labrecque, J. A. D.

The Borough of Wood-Ridge (borough) appeals from a judgment of the Division of Tax Appeals (Division) affirming the 1969 equalization table adopted by the Bergen County Board of Taxation (county board).

Prior to the preparation of the 1969 equalization table Wood-Ridge had undergone a revaluation program. In arriving at its ratio for the year 1969 the county board utilized the “page 8 formula” suggested by the Director of the Division of Taxation (Director) for use in the case of revalued districts. See In re Millburn, 110 N. J.…