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JEFFERSON HOUSE INVESTM. CO. v. CHATHAM BOROUGH

4 N.J. Tax 669 (1982)

JEFFERSON HOUSE INVESTMENT CO., PLAINTIFF, v. CHATHAM BOROUGH, DEFENDANT.

Tax Court of New Jersey.

October 22, 1982.

Attorney(s) appearing for the Case

Carl Weisenfeld for plaintiff (Hannoch Weisman, Stern, Besser, Berkowitz & Kinney, attorneys).

David J. Lloyd for defendant (Stickel, Frahn & Lloyd, attorneys).

LASSER, P.J.T.C.

This is an action by taxpayer to review the 1978, 1979 and 1980 real property tax assessments on its garden apartment complex located at 575 Main Street, Chatham Borough, and known as Block 29, Lots 4 and 30. Taxpayer's property was assessed at $675,000 for 1978. The Morris County Board of Taxation reduced the assessment to $573,600. The 1979 assessment of $573,600 reflected the 1978 county board of Taxation reduction. For 1980 the taxing district...

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