RTC PROPERTIES v. TOWN OF KEARNY


13 N.J. Tax 146 (1993)

RTC PROPERTIES, PLAINTIFF, v. TOWN OF KEARNY, DEFENDANT.

Tax Court of New Jersey.

Decided February 25, 1993.


Attorney(s) appearing for the Case

Edward G. Rosenblum for plaintiff (Rosenblum & Rosenblum, attorneys; Edward G. Rosenblum on the brief).

Gary D. Bennett for defendant (Koch, Koch & Bennett, attorneys; Gary D. Bennett on the brief).


CRABTREE, J.T.C.

This is a local property tax case wherein plaintiff seeks direct review of the 1989 and 1990 assessments on its property located at 100 Central Avenue, Kearny, New Jersey (Block 288, Lots 8, 9 and 10)1. The assessments were:

                            1989            1990

  Land                   $11,862,500      $11,862,500
  Improvements            23,502...

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