Pantasote Co. v. City of Passaic

HOPKINS, J.T.C.

These are appeals from the judgment of the Passaic County Board of Taxation for the taxable year 1979 and from the assessments for the years 1980 and 1981 with respect to the value of property located at 2-52 Jefferson Street and known as Block 4075, Lot 3 in the taxing district of Passaic. The assessed values, as well as the judgment of the county board, are as follows:

Original Assessment -1979 County Board

Land $149,400 $149,400

Impts. 1,468,500 1,468,500

Total 1,617,900 1,617,900

Original Assessment -1980 Original Assessment -1981

Land $149,400 $149,400

Impts. 1,480,500 1,529,300

To…