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THOMAS J. LIPTON, INC. v. RARITAN TP.

10 N.J. Tax 202 (1988)

THOMAS J. LIPTON, INC., PLAINTIFF, v. RARITAN TOWNSHIP, DEFENDANT.

Tax Court of New Jersey.

Decided September 26, 1988.

Attorney(s) appearing for the Case

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

Joseph S. Novak for defendant.

LASSER, P.J.T.C.

Taxpayer contests the 1987 real property tax assessment on an industrial property located on Route 523 in Raritan Township, and shown as Block 17, Lot 3 on the tax map of the taxing district. The assessment in issue is:

  Land                $ 1,951,500
  Improvements         15,011,900
                      ___________
  Total               $16,963,400

Taxpayer has appealed directly to the Tax Court pursuant to N.J.S...

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