Search Rutgers Law Library N.J. Court Opinions

31 Wachovia Bank, N.A. v. Borough of Hasbrouck Heights -- rank: 709

... of .8344. The county percentage level is 100%. Pursuant to N.J.S.A. 54:51A-6(b), “if the average ratio [for the municipality] is ... of .8182. The county percentage level is 100%. Pursuant to N.J.S.A. 54:51A-6(b), “if the average ratio [for the municipality] is ... of .8275. The county percentage level is 100%. Pursuant to N.J.S.A. 54:51A-6(b), “if the average ratio [for the municipality] is ...

docket:	04176-08
court:	NJ Tax Court
decided:	2012-05-26
status:	unpublished
citation:
Document Size:	116258

32 JOHN E. KEANE v. THE TOWNSHIP OF MONROE -- rank: 709

... through (f) (remedy applicable to appeals before the Board) and N.J.S.A. 54:51A-6 (remedy applicable to appeals before the Tax Court). The Director ... applying the average ratio to the property’s true value. N.J.S.A. 54:51A-6. In Murnick , the issue before the court was whether Chapter ... J.S.A. 54:3-22(c) through (f) and N.J.S.A. 54:51A-6. Significantly, the plaintiffs seek prospective relief only, namely, a revaluation ...

docket:	01147-07
court:
decided:	2001-07-02
status:
citation:
Document Size:	68939

33 HPT TA Properties Trust v. Bloomsbury Borough -- rank: 700

... the true market value exceeds the statutory limitations established by N.J.S.A. 54:51A-6(a), commonly known as Chapter 123. I. Procedural History Taxpayer� ... 461,079 $4,865,079 Applying Chapter 123 Pursuant to N.J.S.A. 54:51A-6 (a), commonly known as Chapter 123, in a non-revaluation ... municipality in which the subject property is located. Pursuant to N.J.S.A. 54:51A-6 (c), if both the average ratio and the ratio of ...

docket:	004400-17
court:	NJ Tax Court
decided:	2018-09-28
status:	Unpublished
citation:
Document Size:	68079

34 North Ave East, LLC v. Elizabeth City -- rank: 689

... assessments for the 2009, 2010, and 2011 tax years. Under N.J.S.A. 54:51A-6(a), commonly referred to as Chapter 123, when the court ... average ratio to the true value of the property. . . .” N.J.S.A. 54:51A-6(a). This 30 process involves application of the Chapter 123 ... formula for determining the revised taxable value of property, under N.J.S.A. 54:51A-6(a), is as follows: True market value x Average ratio ...

docket:	001028-09
court:	NJ Tax Court
decided:	2018-09-21
status:	Unpublished
citation:
Document Size:	74695

35 Brae Assoc. c/o Hertz Realty v. Park Ridge Borough -- rank: 683

... 1 (March 4, 1983). 5 Ibid. 6 Such revisions include: N.J.S.A. 54:51A- 6 Line 2 After “section” insert “.” N.J ...

docket:	02434-95
court:
decided:	1998-06-02
status:
citation:	17 N.J. Tax 391
Document Size:	44684

36 Twin Lakes Realty, LLC v. Township of Aberdeen -- rank: 672

... are excepted from application of the Chapter 123 ratio under N.J.S.A. 54:51A-6(d) (the parties then resolved the issue amicably). In 2021 ...

docket:	002975-2018
court:	tax
decided:	2024-06-19
status:	Unpublished
citation:
Document Size:	45633

37 AndreaQuintela v. Roselle Borough -- rank: 663

... correct assessment for the 2012 and 2013 tax years. Under N.J.S.A. 54:51A-6(a), commonly referred to as Chapter 123, when the court ... average ratio to the true value of the property....” N.J.S.A. 54:51A-6(a). This process involves application of the Chapter 123 common ... limit of the Chapter 123 common level range. Consequently, under N.J.S.A. 54:51A-6(a), the formula for determining the revised taxable value of ...

docket:	12019-12
court:	New Jersey Tax Court
decided:	0000-00-00
status:
citation:
Document Size:	64655

38 Calandra, Luciano Jr. Teresa L. v. Montclair Twp. -- rank: 663

... assessments for the 2018, 2019, and 2020 tax years. Under N.J.S.A. 54:51A-6(a), commonly referred to as Chapter 123, when the court ... average ratio to the true value of the property. . . .” N.J.S.A. 54:51A-6(a). This process involves application of the Chapter 123 common ... in a revaluation year Chapter 123 is not applied. See N.J.S.A. 54:51A-6(d) (stating that Chapter 123 “shall not apply to ...

docket:	005048-18
court:	NJ Tax Court
decided:	2022-03-16
status:	Unpublished
citation:
Document Size:	65987

39 /usr/local/share/www/libweb/collections/courts/tax/16511-12.opn.html -- rank: 663

... s counsel during the trial resulted in the misapplication of N.J.S.A. 54:51A-6 when setting the assessment on plaintiffs’ property. * I. Findings of ... valuation date for tax year 2012. The court then applied N.J.S.A. 54:51A-6. According to the statute, in a non-revaluation year, which ... 2012 by multiplying the true value by the average ratio. N.J.S.A. 54:51A-6(b). The calculation is represented as follows: $203,000 x ... is assumed to be assessed at 100% of value, rendering N.J.S.A. 54:51A-6 inapplicable. In addition, defendant’s moving papers establish that the ... equalization ratio. Defendant argues, therefore, that the court incorrectly applied N.J.S.A. 54:51A-6 when determining the assessment to place on the property for ... is palpably incorrect because it is based on application of N.J.S.A. 54:51A-6, which does not apply in a tax year in ...

docket:
court:	NJ Superior Court Law/Chancery Division
decided:
status:
citation:
Document Size:	25746

40 Lafayette Sq. Construction Co. LLC v. Montclair Township -- rank: 661

... 18 for the 2020, 2021, and 2022 tax years. Under N.J.S.A. 54:51A-6(a), commonly referred to as Chapter 123, when the court ... average ratio to the true value of the property. . . .” N.J.S.A. 54:51A- 6(a). This process involves application of the Chapter 123 common ... formula for determining the revised taxable value of property, under N.J.S.A. 54:51A-6(a), is as follows: true market value x average ratio ...

docket:	007948-22
court:	NJ Superior Court Appellate Division
decided:	2023-03-24
status:	Unpublished
citation:
Document Size:	60270

41 Daniel Yang v. Montclair Twp. -- rank: 661

... of the correct assessment for the 2022 tax year. Under N.J.S.A. 54:51A-6(a), commonly referred to as Chapter 123, when the court ... average ratio to the true value of the property. . . .” N.J.S.A. 54:51A-6(a). This process involves application of the Chapter 123 common ...

docket:	0000114-22
court:	NJ Superior Court Appellate Division
decided:	2023-05-24
status:	Unpublished
citation:
Document Size:	80993

42 BELMONT ASSOCIATES v. TOWNSHIP OF FRANKLIN -- rank: 661

... the assessments are presumed to reflect true market value. See N.J.S.A. 54:51A-6(d). There were no physical changes or improvements at the ... tax year at issue, the ratio analysis set forth in N.J.S.A. 54:51A-6(a), commonly known as Chapter 123, does not apply. N.J.S.A. 54:51A-6(d). The assessment on the subject property, therefore, will be ...

docket:	002766-08
court:	NJ Tax Court
decided:	2020-01-15
status:	Unpublished
citation:
Document Size:	44532

43 /usr/local/share/www/libweb/collections/courts/tax/18890-10.opn.html -- rank: 661

... average ratio to the true value of the property. . . .” N.J.S.A. 54:51A-6(a). This statute, commonly known as Chapter 123, involves application ... county percentage level to the property’s true market value. N.J.S.A. 54:51A-6(c). Finally, Chapter 123 does not apply to review of ... taxing district conducted and implemented a district-wide revaluation program. N.J.S.A. 54:51A-6(d). Since 2010 was a revaluation year, Chapter 123 does ...

docket:
court:	NJ Superior Court Law/Chancery Division
decided:
status:
citation:
Document Size:	97370

44 COTTONTAIL HOLDINGS, LLC v. TOWNSHIP OF FRANKLIN -- rank: 661

... the assessments are presumed to reflect true market value. See N.J.S.A. 54:51A-6(d). Cottontail filed a complaint challenging the assessment for tax ... 2010, 2011, and 2012, the ratio analysis set forth in N.J.S.A. 54:51A-6(a), commonly known as Chapter 123, does not apply. N.J.S.A. 54:51A-6(d). The assessment on the subject property, therefore, will be ...

docket:	08402-10
court:	NJ Tax Court
decided:	2019-06-05
status:	Unpublished
citation:
Document Size:	44520

45 691 Pompton Avenue Realty, LLC v. Township of Cedar Grove -- rank: 658

... at 100% of the subject property’s true market value. N.J.S.A. 54:51A-6(c). Because there were existing improvements on the land on ...

docket:	001513-13
court:	NJ Tax Court
decided:	2019-02-15
status:	Unpublished
citation:
Document Size:	62285