Middlesex Builders, Inc. v. Township of Old Bridge

ANDREW, J. T. C.

Plaintiff seeks a reduction in its property tax assessment for the tax years of 1976, 1977 and 1978 while the defendant seeks to reverse the judgments of the Middlesex County Board of Taxation (County Board) which granted a reduction from the original assessments for the tax years of 1977 and 1978.

The assessments and the action of the County Board were as follows:

1976 Original Assessment 1976 County Board Action

Land $ 1,863,000 Land $ 1,863,000

Improvements 10,847,800 Improvements 10,847,800

Total $12,710,800 Total $12,710,800

1977 Original Assessment 1977 County Board Action

Land…