BIANCO, J.T.C.
This is the court's determination with regard to a direct local property tax appeal concerning property located at 909 Bloomfield Avenue in the Township of West Caldwell, County of Essex, and designated as Lot 2 in Block 1504 by the taxing district (the "subject property"). The subject property is currently owned by PNC Bank, successor to Midlantic Bank.
For the 2001 tax year, the subject property was assessed as follows:
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