State v. Bakers Basin Realty Co.

The judgment of the Appellate Division is affirmed essentially for the reasons set forth in Judge (now Justice) Handler’s opinion. 138 N. J. Super. 23 (1975).

We agree with the conclusion of the Appellate Division that the three instruments executed and delivered respectively by Bakers Basin Realty Co., John and Jane Kaehmar, and John and Janina Zagorzycki, as sellers, and *105Cortshire Development Corp. as purchaser should be treated as contracts of sale rather than as options. This makes it unnecessary for us to reconsider our earlier holding in State v. New Jersey Zinc Co., 40 N. J. 560, 576-77…