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IN RE KRESGE-NEWARK, INC.

30 N.J. Super. 489 (1954)

105 A.2d 12

IN THE MATTER OF APPEAL OF KRESGE-NEWARK, INC., FROM THE ASSESSMENT OF PROPERTY IN THE CITY OF NEWARK, COUNTY OF ESSEX, FOR THE YEAR 1951. KRESGE-NEWARK, INC., PETITIONER-RESPONDENT, v. THE CITY OF NEWARK, A MUNICIPAL CORPORATION, RESPONDENT-APPELLANT, AND DIVISION OF TAX APPEALS IN THE STATE DEPARTMENT OF TAXATION AND FINANCE OF THE STATE OF NEW JERSEY, RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided May 14, 1954.

Attorney(s) appearing for the Case

Mr. Vincent J. Casale argued the cause for appellant (Mr. Horace S. Bellfatto, attorney).

Mr. Augustus C. Studer, Jr., argued the cause for petitioner-respondent (Messrs. McCarter, English & Studer, attorneys).

Before Judges CLAPP, GOLDMANN and EWART.

The opinion of the court was delivered by EWART, J.A.D.

The City of Newark appeals from two judgments of the Division of Tax Appeals in the State Department of Taxation and Finance by which the 1951 assessments on the Kresge department store building located at Nos. 707-719-721 Broad Street, Newark, N.J., were substantially reduced. By consent of counsel and order of the court, the two appeals were consolidated for trial.

The building in question occupies...

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