Harrison Realty Corp. v. Town of Harrison

CRABTREE, J.T.C.

These are local property tax cases, consolidated for trial, briefs, and decision, wherein plaintiff seeks review of the 1995 regular and added assessments on its property located at 1000 First Street, Harrison, New Jersey (Block 86, Lot 1C). The assessments in controversy were as follows:

REGULAR ASSESSMENT

Land $1,363,100

Buildings 2,736,900

Total $4,100,000

ADDED ASSESSMENT

Land -0-

Buildings $ 83,333 ($250,000 prorated for 4 months)

Plaintiff first appealed both assessments to the Hudson County Board of Taxation, which affirmed the assessments without prejudice. The county board…