Newport Center v. City of Jersey City

KUSKIN, J.T.C.

Plaintiff, Newport Center, appealed the 1994, 1995, 1996 and 1997 local property tax assessments on eleven lots located in the Newport Redevelopment District of the City of Jersey City. The lots under appeal (all of which are in Block 20 as designated on the City’s Tax Map), and their respective assessments, are as follows:

Assessment for each of the

Lot 1994 Assessment years 1995-1997

1.02 (designated as Parcel A $4,522,151 $4,069,900 by plaintiffs app raiser)

1.03 (Parcel B) $6,022,626 $5,420,400

1.05 (ParcelC) $4,358,425 $3,922,600

1.06 (Parcel D) $2,335,685 $2,102,100

2.05 (Parcel…