OLIN MATHIESON CHEM. CORP. v. PAULSBORO BOROUGH


3 N.J. Tax 255 (1981)

OLIN MATHIESON CHEMICAL CORPORATION, PLAINTIFF, v. PAULSBORO BOROUGH, DEFENDANT.

Tax Court of New Jersey.

August 26, 1981.


Attorney(s) appearing for the Case

John E. Garippa for plaintiff:

Martin A. Herman for defendant (Herman, Pearson & Crass, attorneys).


LARIO, J.T.C.

These are consolidated local real property appeals from county board judgments affirming assessment on premises known as Block 1, Lots 1D and 1E, of Land — $1,230,000; Improvements — $670,000; Total — $1,900,000, for the tax years 1978 and 1979.

The subject property, consisting of 41.9 acres, is operated in an industrial chemical plant and tank farm. It is located east of Mantua...

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