CITY OF NEWARK v. ESSEX CTY. BD. OF TAXATION


138 N.J. Super. 217 (1975)

350 A.2d 488

CITY OF NEWARK, PETITIONER-RESPONDENT, v. ESSEX COUNTY BOARD OF TAXATION, RESPONDENT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided December 19, 1975.


Attorney(s) appearing for the Case

Mr. William F. Hyland, Attorney General of New Jersey, attorney for appellant (Mr. Richard M. Conley, Deputy Attorney General, of counsel; Mr. Harry Haushalter, Deputy Attorney General, on the brief).

Mr. Milton A. Buck, attorney for respondent (Mr. Melvin Simon on the brief).

Before Judges KOLOVSKY, BISCHOFF and BOTTER.


The opinion of the court was delivered by BOTTER, J.A.D.

The Division of Tax Appeals (Division) upheld certain of Newark's challenges to the 1974 Essex County Equalization Table adopted on March 10, 1974 pursuant to N.J.S.A. 54:3-17 and 18. The Division ordered the table revised and recomputed by subtracting from the sales price of certain real property sales the amount of mortgage "points" and closing costs paid by the sellers. Federal Housing Authority (F...

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