PENNWALT CORP. v. HOLMDEL TP.

RIMM, J.T.C.

This local property tax matter involves the issue of valuation for the tax year 1979 and the issues of valuation and discrimination for the tax year 1980.

The subject property is known as Block 3, Lot 2, and the original assessment for each of the years under appeal was the same, as follows:

  Land                          $1,095,000
  Improvements                   4,375,000
         ...

                    
                    
                    

                        

                            

                                

                            
                            

                                

                                    

                                        

                                        

                                        

                                    
                                
                                

                                    
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