Woodcliff Management v. Township of North Bergen

Insofar as the judgment orders defendant to pay interest on refund of taxes due plaintiff for the tax years 1964, 1965 and 1966, we affirm. We approve the decision and supporting reasoning of Judge Pindar for the Law Division in 713 Co. v. Jersey City, 94 N. J. Super. 210 (Law Div. 1967), to the effect that where a taxpayer has secured a reduction of tax assessment before a review board and the municipality has unsuccessfully exhausted all appellate review thereof, the taxpayer is entitled to 6% interest on any consequently owing and unrefunded overpayment of taxes, to be computed beginning…