FORT LEE BOR. v. TAX DIV. DIRECTOR


12 N.J. Tax 299 (1992)

FORT LEE BOROUGH, PLAINTIFF, v. DIRECTOR, DIVISION OF TAXATION, DEFENDANT.

Tax Court of New Jersey.

Opinion Dated March 13, 1992.


Attorney(s) appearing for the Case

Harry Haushalter for plaintiff (Conley & Haushalter, attorneys).

Gail L. Menyuk for defendant (Robert J. Del Tufo, Attorney General of New Jersey, attorney).


SMALL, J.T.C.

The Borough of Fort Lee ("Fort Lee"), challenges the promulgation of the October 1, 1991 Table of Equalized Values (the "school aid table" or the "table") by the Director of the Division of Taxation (the "Director") pursuant to N.J.S.A. 54:1-35.1 et seq. The authority of this court is invoked under N.J.S.A. 54:51A-4(c).

The complaint raises the important and novel question of whether co-operative apartments ("co-ops") should...

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