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MIRA LAND DEVEL. CORP. v. BOR. OF MATAWAN

133 N.J. Super. 440 (1975)

337 A.2d 378

MIRA LAND DEVELOPMENT CORP., A NEW JERSEY CORPORATION, ET AL., PLAINTIFFS-RESPONDENTS, v. THE BOROUGH OF MATAWAN, A MUNICIPAL CORPORATION OF THE STATE OF NEW JERSEY, DEFENDANT-APPELLANT.

Superior Court of New Jersey, Appellate Division.

Decided April 22, 1975.

Attorney(s) appearing for the Case

Pillsbury, Russell & Ashbey, attorneys for the appellant (Mr. William E. Russell, of counsel; Mr. Robert E. McLeod on the brief).

Mr. Kenneth E. Joel attorney for respondents.

Before Judges KOLOVSKY, LYNCH and ALLCORN.

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

A review of the pertinent provisions of the statutes dealing with the assessment of benefits for local improvements, N.J.S.A. 40:56-21 et seq., makes plain the legislative intent that, where the original assessment is subsequently reduced as the result of judicial review, the revised assessment bears interest in the same manner and from the same date as it would have borne had the original assessment...

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