Legal Opinion
RTC Properties v. Town of Kearny
New Jersey Tax Court
Decided February 25, 1993PublishedCited by 7 opinions
1Opinion of the Court
CRABTREE, J.T.C.
This is a local property tax case wherein plaintiff seeks direct review of the 1989 and 1990 assessments on its property located at *149100 Central Avenue, Kearny, New Jersey (Block 288, Lots 8, 9 and 10) 1 The assessments were:
1989 1990
Land $11,862,500 $11,862,500
Improvements 23,502,300 23,624,300
Total $35,364,800 $35,486,800
At issue are the true value of the subject property and whether plaintiff is entitled to statutory discrimination relief pursuant to N.J.S.A. 54:51A-6.
The subject of the controversy is an industrially-zoned, 148.183-acre tract of land improved with 14…
2Cases cited8 opinions
- City of New Brunswick v. State of New Jersey Division of Tax AppealsSupreme Court of New Jersey · 1963
- General Electric Co. v. Board of AssessorsMassachusetts Supreme Judicial Court · 1984
- University Plaza Realty Corp. v. City of HackensackNew Jersey Tax Court · 1992
- Humble Oil & Refining Co. v. Borough of Englewood CliffsSupreme Court of New Jersey · 1976
- Tall Timbers, Inc. v. Vernon TownshipNew Jersey Tax Court · 1983
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Harrison Realty Corp. v. Town of HarrisonNew Jersey Tax Court · 1997
- Millennium Real Estate Investment, LLC v. Assessor, Benton CountyIndiana Tax Court · 2012
- Pine Plaza Associates, L.L.C. v. Hanover TownshipNew Jersey Tax Court · 1996
- Livingston Mall Corp. v. Livingston TownshipNew Jersey Tax Court · 1996
- Mori v. Town of SecaucusNew Jersey Tax Court · 1996
2 more not listed; retrieve them via the Exa API.