Borough of Englewood Cliffs v. Director, Division of Taxation

Plaintiff Borough of Englewood Cliffs (Englewood Cliffs) appeals from a final judgment of the Tax Court, which rejected its challenge to the defendant Director of the Division of Taxation’s determination of the municipality’s 1998 Table of Equalized Valuations.

Pursuant to N.J.S.A. 54:1-35.1, the Director is required to promulgate a table of equalized valuations for each municipality. The procedure involved in the preparation of this table is described in 43 Ne'iv Jersey Practice, State & Local Taxation § 14.2 (David E. Crabtree) (1999). The first step is the determination of the full and fair…