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REK INVESTMENT CO. v. CITY OF NEWARK

80 N.J. Super. 552 (1963)

194 A.2d 368

REK INVESTMENT COMPANY, PETITIONER-APPELLANT, v. THE CITY OF NEWARK, RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided October 17, 1963.

Attorney(s) appearing for the Case

Mr. Jack Okin argued the cause for petitioner-appellant (Messrs. Okin and Okin, attorneys).

Mr. Saul A. Wolfe argued the cause for respondent City of Newark (Mr. Norman N. Schiff, Corporation Counsel of the City of Newark, attorney).

Mr. Arthur J. Sills, Attorney General of New Jersey, for respondent Division of Tax Appeals, filed a statement in lieu of brief pursuant to R.R. 1:7-4(b), (Mr. Alan B. Handler, of counsel).

Before Judges GAULKIN, LEWIS and LABRECQUE.

The opinion of the court was delivered by LABRECQUE, J.S.C. (temporarily assigned).

Rek Investment Company appeals from a judgment of the Division of Tax Appeals fixing the assessment on its real property at 756-62 Broad Street, Newark, for the year 1961.

For the year in question Rek had appealed to the Essex County Board of Taxation from an assessment of land, $268,900; improvements, $45,700; total: $314,600...

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