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SIX CHERRY HILL, INC. v. CHERRY HILL TP.

7 N.J. Tax 120 (1984)

SIX CHERRY HILL, INC., PLAINTIFF, v. TOWNSHIP OF CHERRY HILL, DEFENDANT. ELEVEN CHERRY HILL, INC., PLAINTIFF, v. TOWNSHIP OF CHERRY HILL, DEFENDANT.

Tax Court of New Jersey.

Decided December 13, 1984.

Attorney(s) appearing for the Case

William C. Levine for plaintiff (Katz, Strimber & Ettin, attorneys).

Matthew E. Segal for defendant.

RIMM, J.T.C.

These local property tax assessment matters involve a claim that the existing use of the subject properties as a high-rise apartment complex which is subject to rent control is not the highest and best use for the land. Taxpayers contend that office use is the highest and best use. The subject properties are two contiguous lots each with a twelve-story apartment building together known as the Cherry Hill apartments...

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