Legal Opinion
Consolidated Rail Corp. v. State
New Jersey Tax Court
Decided October 25, 1999PublishedCited by 2 opinions
1Opinion of the Court
KUSKIN, J.T.C.
For tax year 1997, the Town of Kearny placed a local property tax assessment of $900,100 on a building owned by plaintiff, Consolidated Rail Corporation (“Conrail”). Conrail contends that the building should have been assessed under the provisions of the Railroad Tax Law of 1948, N.J.S.A. 54:29A-1 to -77 (the “Railroad Tax Law”), and was not subject to assessment by Kearny. Conrail does not contest the amount of the assessment imposed by Kearny. As of January 1, 1996, the applicable valuation date under the Railroad Tax Law, only the skeletal structure of the building had been…
2Cases cited10 opinions
- Brill v. Guardian Life Insurance Co. of AmericaSupreme Court of New Jersey · 1995
- Richfield Oil Corp. v. United StatesSupreme Court of the United States · 1952
- Galloway Township v. PetkevisNew Jersey Tax Court · 1980
- Central Railroad v. Director, Division of Tax Appeals of Department of TreasurySupreme Court of New Jersey · 1951
- Sutton v. LeibSupreme Court of the United States · 1952
5 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Chemical New Jersey Holdings, Inc. v. Director, New Jersey Division of TaxationNew Jersey Superior Court Appellate Division · 2004
- Chemical New Jersey Holdings, Inc. v. Director, Division of TaxationNew Jersey Tax Court · 2003