HAHNE & CO. v. ROCKAWAY TP.


8 N.J. Tax 403 (1986)

HAHNE AND COMPANY, PLAINTIFF, v. TOWNSHIP OF ROCKAWAY, DEFENDANT.

Tax Court of New Jersey.

August 13, 1986.


Attorney(s) appearing for the Case

John E. Garippa for plaintiff (Garippa & Trevenen, attorneys).

Robert S. Goldsmith for defendant (Wiley, Malehorn & Sirota, attorneys).


LASSER, P.J.T.C.

Taxpayer contests the 1985 local property tax assessment on its department store property located at the Rockaway Town Square Mall. The property is designated as Block 11001, Lot 4, and consists of a 9.32-acre parcel of land on which is erected a two-story building containing 154,000 square feet. The 1985 assessment on the property is:

  Land                      $1,398,000
  Improvements               9,515,000
                    ...

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