Legal Opinion
Zisapel v. Paramus Borough
New Jersey Tax Court
Decided August 8, 2002PublishedCited by 1 opinion
1Opinion of the Court
PIZZUTO, J.T.C.
This matter presents the question of whether the purchaser of real property is bound by an agreement made between the seller and the taxing district, as part of the settlement of a tax appeal, to stabilize the assessed valuation of the property under the Freeze Act (N.J.S.A. 54:51A-8). The agreement at issue was made after the transfer of the property, which occurred during the year covered by the appeal.
The property is an office building located at 6-10 Forest Avenue in Paramus Borough and designated as Block 1411, Lot 7. A tax appeal for 1996 was taken in the name of Allied…
2Cases cited11 opinions
- Village Supermarkets, Inc. v. Township of West OrangeSupreme Court of New Jersey · 1987
- Borough of Hasbrouck Heights v. Division of Tax AppealsSupreme Court of New Jersey · 1964
- Seacoast Realty Co. v. West Long Branch BoroughNew Jersey Tax Court · 1994
- GRANDAL ENT. v. Borough of KeansburgNew Jersey Superior Court Appellate Division · 1996
- ADP of New Jersey, Inc. v. Parsippanytroy Hills Tp.New Jersey Tax Court · 1994
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3Cited by1 opinion
- Aperion Enterprises Inc. v. Borough of Fair LawnNew Jersey Tax Court · 2009