INTERNAT'L FASTNER RESEARCH CORP. v. TOWN OF KEARNY


2 N.J. Tax 494 (1981)

INTERNATIONAL FASTENER RESEARCH CORP., PLAINTIFF, v. TOWN OF KEARNY, DEFENDANT.

Tax Court of New Jersey.

June 3, 1981.


Attorney(s) appearing for the Case

Ralph Neibart for plaintiff.

Norman A. Doyle for defendant (Doyle & Brady, attorneys).


HOPKINS, J.T.C.

Plaintiff has brought a motion under the freeze statute (N.J.S.A. 54:2-43) to freeze a Tax Court judgment entered for the tax year 1978 which determined an assessment of $617,645 applicable to Block 226, Lots 3 and 4, in the taxing district of Kearny. That assessed value was based on the application of the applicable chapter 123 ratio to the stipulated true value of $1,260,500. N.J.S.A. 54...

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