College v. State Board of Tax Appeals

Pee Cuhiam.

On October 1st, 1933, the land and building of the prosecutor at No. 38-54 Rector street, Newark, was assessed at $201,900. Prosecutor appealed first to the Essex county board of taxation and then to the state board of tax appeals, and both of those bodies affirmed the assessment. The judgment of the state board is brought before us by writ of certiorari. The issue is whether, on October 1st, 1933, prosecutor was entitled to exemption under section 203, subdivision 4 of the General Tax act of 1918, as amended Pamph. L. 1931, ch. 372; N. J. Stat. Annual 1931, p. 467, § 208-66d (203)…