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VORNADO, INC. v. BOROUGH OF TOTOWA

8 N.J. Tax 214 (1986)

VORNADO, INC., PLAINTIFF, v. BOROUGH OF TOTOWA, DEFENDANT.

Tax Court of New Jersey.

April 7, 1986.

Attorney(s) appearing for the Case

Steven R. Irwin for plaintiff (Mandelbaum & Mandelbaum, attorneys).

Robert S. Moraff for defendant (Fiorello, Moraff, Foster & Corrado, attorneys).

KAHN, J.T.C.

This local property tax matter involves the assessment for the years 1983 and 1984. The property consists of two buildings, one containing 172,693 square feet, the other 20,576 square feet, for a total of 193,269 square feet. The lot upon which said buildings are located consists of approximately 19.3 acres. The property is located on Route 46 and River View Drive, and is known as Block 170, Lots 1, 2, 3 and 4. On the relevant assessment dates (October...

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