The opinion of the court was delivered by BOTTER, J.A.D.
The Division of Tax Appeals (Division) upheld certain of Newark's challenges to the 1974 Essex County Equalization Table adopted on March 10, 1974 pursuant to N.J.S.A. 54:3-17 and 18. The Division ordered the table revised and recomputed by subtracting from the sales price of certain real property sales the amount of mortgage "points" and closing costs paid by the sellers. Federal Housing Authority (F...
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