90 Riverdale, L.L.C. v. Borough of Riverdale

BIANCO, J.T.C.

This opinion constitutes the court’s determination after trial, concerning the challenge by plaintiff, 90 Riverdale, L.L.C. (“90 Riverdale”), to the 2009, 2010, and 2011 property tax assessments of its property located within the defendant municipality, Borough of Riverdale (“Borough”), commonly known as 90 Riverdale Road, and designated by the taxing district as Block 19, Lots 8.01 and 8.03 (“Subject Property”). For the reasons set forth herein, the court affirms 90 Riverdale’s 2009, 2010 and 2011 assessments.

The Subject Property consists of 4.73 acres2, improved by a two…