Borough of Saddle River v. 66 East Allendale, LLC (070525)
Supreme Court of New Jersey
1Opinion of the CourtJustice LaVECCHIA
In this appeal, we review an appellate judgment that affirmed a $5.25 million condemnation award for defendant 66 East Allendale, LLC (East Allendale) against plaintiff Borough of Saddle River (Borough). For the reasons that follow, we reverse that judgment and remand for a new trial on just compensation.
*119In a condemnation action the determination sought is the amount of just compensation. Just compensation is a function of the value of the property in light of its highest and best use, which is ordinarily evaluated in accordance with current zoning ordinances. Certain circumstances may permit…
2Cases cited16 opinions
- Polzo v. County of EssexSupreme Court of New Jersey · 2008
- Pomerantz Paper Corp. v. New Community Corp.Supreme Court of New Jersey · 2011
- Medici v. BPR Co.Supreme Court of New Jersey · 1987
- STATE, HIGHWAY COMM'R v. GorgaSupreme Court of New Jersey · 1958
- Kaufmann v. Planning Bd. for Warren Tp.Supreme Court of New Jersey · 1988
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