Legal Opinion
Mountain View Crossing Investors LLC v. Township of Wayne
New Jersey Tax Court
Decided May 27, 2003PublishedCited by 5 opinions
1Opinion of the Court
KUSKIN, J.T.C.
In these local property tax matters, plaintiff contends that the $53,000,000 assessment on its apartment complex for each of tax years 2001 and 2002 constituted a prohibited spot assessment because it was based solely on the purchase price of $63,175,000 paid by plaintiff in December 1998. Plaintiff does not challenge the amount of the assessment for either year, but seeks to have the assessment rolled back by almost $20,000,000 to the assessment for tax year 2000, $33,833,700. For the reasons discussed below, I conclude that the 2001 and 2002 assessments were not spot…
2Cases cited10 opinions
- Parkview Village Associates v. Borough of CollingswoodSupreme Court of New Jersey · 1972
- Township of West Milford v. Van DeckerSupreme Court of New Jersey · 1990
- Centorino v. Tewksbury Twp.New Jersey Superior Court Appellate Division · 2001
- Corrado v. Township of MontclairNew Jersey Tax Court · 1999
- Borough of Hasbrouck Hts. v. Div. of Tax AppealsNew Jersey Superior Court Appellate Division · 1959
5 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Chadwick 99 Associates v. Director, Division of TaxationNew Jersey Tax Court · 2007
- GGI Props., LLC v. City of Millville (In re GGI Props., LLC)United States Bankruptcy Court, D. New Jersey · 2018
- Orban v. Alexandria TownshipNew Jersey Tax Court · 2003
- Mountain View Crossing Investors, LLC v. Township of WayneNew Jersey Superior Court Appellate Division · 2004
- Schumar v. Bernardsville BoroughNew Jersey Tax Court · 2004