L. Bamberger & Co. v. Division of Tax Appeals of the Department of Taxation & Finance

The opinion of the court was delivered by

Bodine, J.

The question before the court is the propriety of a real estate assessment of $9,172,900.00 levied for the years 1944 and 1945 upon the department store property of L. Bamberger & Company situate in the heart of Newark, New Jersey. The property is bounded by Market Street, Washington Street, Bank Street and Halsey Street. Upon it is erected a large department store building.

On May 27th, 1946, the president of the company was addressed by the acting secretary of the Board of Assessments and Revision of Taxation of the City of Newark and in…