City of Newark v. American Realty & Investment Co.

Waesche, Commissionek.

The City of Newark brought this appeal to the Division of Tax Appeals from the judgment of the Essex County Board of Taxation which fixed the assessment for the year 1946 on the land of the American Bealty and Investment Co., known on the tax duplicate of said city as Block 164, lots 20 and 23. The original assessment on the land for 1946, as fixed by the city’s assessor, was $136,900. The taxpayer appealed from this assessment to the Essex County Board of Taxation, which board reduced the assessment to $109,500. The city appealed to the Division of Tax Appeals to…