Colonial Life Insurance v. City of Jersey City

Quinn, President.

The Colonial Life Insurance Company of America was the owner on October 1st, 1936, of a brick garage building property in the city of Jersey City which was assessed for taxes for the year 1937 in the sum of $60,400, being $7,600 on land and $52,800 on the improvement. An appeal from the assessment to the Hudson County Board of Taxation resulted in a reduction of the building valuation to the extent of $12,500 and an affirmance of the land valuation, making a total assessment as reduced of $47,900.' Both taxpayer and taxing district appealed from the county board judgment, the…