Legal Opinion
Beneficial Facilities Corp. v. Peapack & Gladstone Borough
New Jersey Tax Court
Decided October 25, 1990PublishedCited by 13 opinions
1Opinion of the Court
LASSER, P.J.T.C.
Taxpayers contest the 1988 and 1989 real property tax assessments on the ten-building headquarters complex of Beneficial Management Corporation on the east side of Route 206 in Peapack & Gladstone Borough.
These actions are direct appeals to the Tax Court pursuant to N.J.S.A. 54:3-21. A municipal-wide revaluation was adopted for 1988, and it was stipulated that the level of assessment to be applied for 1988 and 1989 is 100% of market value. Valuation only is in issue.
Taxpayers’ complaints seek reductions in the 1988 and 1989 assessments, and taxing district’s counterclaims seek…
2Cases cited4 opinions
- Lawrence Associates v. Lawrence TownshipNew Jersey Tax Court · 1983
- CPC Int'l, Inc. v. Bor. of Englewood CliffsNew Jersey Superior Court Appellate Division · 1984
- Texas Eastern Transmission Corp. v. Department of TreasuryNew Jersey Tax Court · 1990
- McGinley Mills, Inc. v. Town of PhillipsburgNew Jersey Tax Court · 1988
3Cited by13 opinions
- Wellmark, Inc. v. Polk County Board of ReviewSupreme Court of Iowa · 2016
- Hull Junction Holding Corp. v. Princeton BoroughNew Jersey Tax Court · 1996
- American Cyanamid Co. v. Wayne TownshipNew Jersey Tax Court · 1998
- Texas Eastern Transmission Corp. v. East Amwell TownshipNew Jersey Tax Court · 1992
- Beneficial Facilities Corp. v. Borough of Peapack & GladstoneNew Jersey Superior Court Appellate Division · 1992
8 more not listed; retrieve them via the Exa API.