DeALMEIDA , P.J.T.C. This is the court's opinion with respect to plaintiff Seaboard Landing, LLC's ("Seaboard") request for relief pursuant to N.J.S.A. 54:51A-8, commonly known as the Freeze Act. Specifically, Seaboard requests entry of Judgments reducing the assessments on the subject property for tax years 2009, 2010 and 2013. For the reasons more fully explained below, the court concludes that Seaboard is entitled to Freeze Act relief for tax year 2013. The court also concludes,...
DeALMEIDA , P.J.T.C . This is the court's opinion after trial in the above-referenced matters challenging the local property tax assessment on plaintiff's real property for tax years 2010 and 2011. For the reasons stated more fully below, the assessment for each year is reduced to a nominal amount. The subject property is a small, vacant parcel contaminated with toxic compounds as the result of now-abandoned industrial activities undertaken on the property for many years. The parcel...
