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GABRELLIAN & JESSOURIAN v. BOR. OF OAKLAND

11 N.J. Tax 310 (1990)

GABRELLIAN & JESSOURIAN ASSOCIATES, PLAINTIFF, v. BOROUGH OF OAKLAND, DEFENDANT.

Tax Court of New Jersey.

Decided September 5, 1990.

Attorney(s) appearing for the Case

Joseph S. Seidel, Hopatcong, for plaintiff.

Steven Muhlstock, for defendant (Gittleman, Muhlstock, Meyers & Chewcaskie, Fort Lee, attorneys).

CRABTREE, J.T.C.

This is a local property tax case wherein plaintiff seeks direct review, pursuant to N.J.S.A. 54:3-21, of the 1988 assessment on its property located at 345-349 Ramapo Valley Road, Oakland, New Jersey (Block 2318, Lot 10). The assessment was:

  Land                 $  825,500
  Improvements          2,067,800
                       __________
  Total                $2,893,300

At issue are the true value of the subject...

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