BADISCHE CORP. v. TOWN OF KEARNY


11 N.J. Tax 385 (1990)

BADISCHE CORPORATION, PLAINTIFF, v. TOWN OF KEARNY, DEFENDANT.

Tax Court of New Jersey.

November 1, 1990.


Attorney(s) appearing for the Case

Seth I. Davenport for plaintiff (Garippa & Trevenen, attorneys).

Norman A. Doyle, Jr., for defendant.


CRABTREE, J.T.C.

This is a local property tax case wherein plaintiff seeks direct review pursuant to N.J.S.A. 54:3-21 of the 1988 assessment on its property located at 50 Central Avenue, Kearny, New Jersey (Block 288, Lot 1). The assessment was:

  Land                 $1,899,500
  Improvements          6,840,500
                       __________
          Total        $8,740,000

At issue are the true value of the subject property...

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