Town of Bloomfield v. Academy of Med. of NJ

We granted certification on appellant’s petition (46 N. J. 56 (1965)) from so much of the judgment of the Appellate Division (87 N. J. Super. 420 (1965)) as affirms the judgment of the State Division of Tax Appeals which held taxable appellant’s property known as Block 517, Lot 23, 317 Belleville Avenue, Bloomfield, New Jersey. The sole question is whether appellant’s property meets the test within the meaning of N. J. S. A. 54:4-3.6 holding as tax-exempt, property which is “actually and exclusively used in the work of associations and corporations organized exclusively for the moral and…