Legal Opinion
Pine Plaza Associates, L.L.C. v. Hanover Township
New Jersey Tax Court
Decided December 12, 1996PublishedCited by 6 opinions
1Opinion of the Court
KUSKIN, J.T.C.
Plaintiff appealed the 1994 and 1995 local property tax assessments on the Pine Plaza Shopping Center, Hanover Township, designated on the Township Tax Map as Block 4001, Lot 12. For each of the years under appeal, the assessment on the property was a total of $6,170,600, allocated $1,586,700 to land and $4,583,-900 to improvements. For tax year 1994 the applicable ratio under N.J.S.A. 54:l-35a (the Chapter 123 Ratio) was 51.47%. For tax year 1995, the Chapter 123 Ratio was 53.99%.
The property is a strip shopping center located on the eastbound lanes of Route 10, a major…
2Cases cited5 opinions
- University Plaza v. HackensackNew Jersey Superior Court Appellate Division · 1993
- University Plaza Realty Corp. v. City of HackensackNew Jersey Tax Court · 1992
- Hull Junction Holding Corp. v. Princeton BoroughNew Jersey Tax Court · 1996
- RTC Properties v. Town of KearnyNew Jersey Tax Court · 1993
- Morris Township v. LF AssociatesNew Jersey Tax Court · 1991
3Cited by6 opinions
- MSGW Real Estate Fund, LLC v. Borough of Mountain LakesNew Jersey Tax Court · 1998
- American Cyanamid Co. v. Wayne TownshipNew Jersey Tax Court · 1998
- Newport Center v. City of Jersey CityNew Jersey Tax Court · 1998
- Laneco Three, Inc. v. Township of FranklinNew Jersey Tax Court · 1998
- Midlantic Operating Admin. v. West Caldwell TownshipNew Jersey Tax Court · 2002
1 more not listed; retrieve them via the Exa API.