KNOLLCROFT AP'TS, INC. v. BOROUGH OF FAIR LAWN


3 N.J. Tax 25 (1981)

KNOLLCROFT APARTMENTS, INC., PLAINTIFF, v. BOROUGH OF FAIR LAWN, DEFENDANT.

Tax Court of New Jersey.

June 25, 1981.


Attorney(s) appearing for the Case

Edward G. Rosenblum for plaintiff (Rosenblum and Rosenblum, attorneys).

Jack Ballan for defendant.


HOPKINS, J.T.C.

This is an appeal from judgments of the Bergen County Board of Taxation applicable to the assessed values of property known as Block 2603, Lot 6, Block 2608, Lot 14, and Block 2611, Lot 11, in the taxing district of Fair Lawn, all of which were assessed as a single line item for the tax years 1974 through 1978.

For the tax year 1974 the original assessment was $1,140,700, which was divided between the land at $198,100 and the improvement at...

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