BASF CORP. COATING & INK DIV. v. TOWN OF BELVIDERE


22 N.J. Tax 550 (2005)

BASF CORPORATION COATING AND INK DIVISION, PLAINTIFF, v. TOWN OF BELVIDERE, DEFENDANT.

Tax Court of New Jersey.

December 19, 2005.


Attorney(s) appearing for the Case

Frank E. Ferruggia for plaintiff (McCarter & English, attorneys).

Richard M. Conley for defendant (Conley & Sozansky, attorneys).


KUSKIN, J.T.C.

Under N.J.S.A. 54:4-23, a municipal tax assessor must make an annual determination of the value of each parcel of real property in the municipality. An amendment enacted in 2001, L. 2001, c. 101 ("Chapter 101"), added to the statute a requirement that, in order for an assessor to reassess "all or part" of a municipality, the assessor must obtain from the county board of taxation and the New Jersey Division of Taxation approval of...

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