Essex County Park Commission v. City of Newark

Quinn, President.

Petitioner is a public agency of the County of Essex and owns seven parcels of real property, assessed for 1940 in the respondent taxing districts. All of these properties, except one, a vacant lot, are tenanted dwelling premises, taken in by petitioner by foreclosure or deed in lieu of foreclosure of bonds and mortgages heretofore granted by petitioner out of funds in its Park Police pension *326fund. The vacant lot, situated in Newark, was likewise taken over, by deed in lieu of foreclosure.

Petitioner claims all of these parcels are exempt from taxation upon the ground that no…