J.C.T. ASSOCIATES v. BOONTON TOWN


4 N.J. Tax 283 (1982)

J.C.T. ASSOCIATES, PLAINTIFF, v. BOONTON TOWN, DEFENDANT.

Tax Court of New Jersey.

April 21, 1982.


Attorney(s) appearing for the Case

Robert A. Gladstone for plaintiff (Warren, Goldberg & Berman, attorneys).

Lawrence H. Kalish for defendant (Maraziti, Kalish & Gregory, attorneys).


LASSER, P.J.T.C.

J.C.T. Associates contests local property tax assessments on its modern, single-tenant office building in Boonton, known as Block 69, Lot 72. The assessments in issue are:

  1977 Added Assessment

  Improvements         $3,350,000       prorated for two months to
                                        $558,333

                                        (The 1977 regular assessment
                                        was $333,000...

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