Hayes Home Urban Renewal Corp. v. City of Newark

In this property tax appeal the City of Newark challenges the tax court judge’s decision that land owned by the Newark Housing Authority, but leased to plaintiff Hayes Home Urban Renewal Corp. to be developed for low-income housing, was exempt from property taxes for part of the 1998 tax year and the full 1999 tax year. The tax court’s opinion is published at 20 N.J.Tax 528 (Tax Ct.2003).

In his opinion, Judge Kahn concluded that the land, which was owned by the Newark Housing Authority, and leased to plaintiff for the purpose of building owner-occupied low-income housing, retained its tax…