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NEWTON TOWN v. NEWTON MED. BLDG.

13 N.J. Tax 462 (1993)

NEWTON TOWN, PLAINTIFF, v. NEWTON MEDICAL BUILDING, DEFENDANT.

Tax Court of New Jersey.

December 10, 1993.

Attorney(s) appearing for the Case

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

Bernard A. Kuttner for defendant.

LASSER, P.J.T.C.

Following trial in the above matter the court, in a bench opinion, decided that the value of the subject property for the years 1991, 1992 and 1993 was $3,639,400. The property, a medical office building, was assessed originally at $3,473,100 for 1991 and $3,013,200 for 1992 and 1993. Counsel were given an opportunity after trial to address the issue of whether the assessments may be increased for each...

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