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CITY OF HOBOKEN v. STEVENS INST. TRUST

11 N.J. Tax 70 (1990)

CITY OF HOBOKEN, PLAINTIFF, v. TRUSTEES OF STEVENS INSTITUTE, DEFENDANT.

Tax Court of New Jersey.

April 6, 1990.

Attorney(s) appearing for the Case

Philip Elberg, for plaintiff (Medvin & Elberg, attorneys).

Edward Rosenblum, for defendant (Rosenblum & Rosenblum, attorneys).

CRABTREE, J.T.C.

This is a local property tax case involving defendant's continuing entitlement to exemption pursuant to N.J.S.A. 54:4-3.6. Both parties have moved for summary judgment. For the reasons hereafter set forth, plaintiff's motion will be denied and defendant's motion will be granted.

The facts are undisputed.

The subject property, owned by defendant, is 13 acres of land located on Castle Point in Hoboken (Block 258, Lots 1, 4 and...

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