Legal Opinion
MSGW Real Estate Fund, LLC v. Borough of Mountain Lakes
New Jersey Tax Court
Decided December 19, 1998PublishedCited by 29 opinions
1Opinion of the Court
KUSKIN, J.T.C.
Plaintiff appeals the 1997 and 1998 assessments on property in the Borough of Mountain Lakes designated on the Borough Tax Map as Block 7, Lot 7, and commonly known as 133 Route 46. The property was assessed for 1997 at a total of $12,936,000, and for 1998 at a total of $10,650,000. The parties have stipulated that the applicable ratios under N.J.S.A. 54:l-35a(a) (Chapter 123) were 98.39% for 1997 and 97.21% for 1998, and that the Borough tax rate was $2.27 per $100 of assessed valuation for 1997 and $2.35 per $100 of assessed valuation for 1998.
Plaintiffs appraiser determined…
2Cases cited19 opinions
- Brill v. Guardian Life Insurance Co. of AmericaSupreme Court of New Jersey · 1995
- Dolson v. AnastasiaSupreme Court of New Jersey · 1969
- FMC Corp. v. UnmackNew York Court of Appeals · 1998
- Pantasote Co. v. City of PassaicSupreme Court of New Jersey · 1985
- Ford Motor Co. v. Township of EdisonSupreme Court of New Jersey · 1992
14 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Lenal Properties, Inc. v. City of Jersey CityNew Jersey Tax Court · 1999
- West Colonial Enterprises, LLC v. City of East OrangeNew Jersey Tax Court · 2003
- Entenmann's Inc. v. Totowa BoroughNew Jersey Tax Court · 2000
- Greenblatt v. Englewood CityNew Jersey Tax Court · 2010
- City of Atlantic v. Ace Gaming, LLCNew Jersey Tax Court · 2006
24 more not listed; retrieve them via the Exa API.