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OWNERS MAINTENANCE CORP. v. FT. LEE

22 N.J. Tax 648 (2005)

OWNERS MAINTENANCE CORP., PLAINTIFF-APPELLANT, v. BOROUGH OF FORT LEE, DEFENDANT-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided November 18, 2005.

Attorney(s) appearing for the Case

Marc E. Leibman, argued the cause for appellant (Kaufman, Bern & Deutsch, attorneys; Mr. Leibman, of counsel and on the brief).

Joseph R. Mariniello, Jr., argued the cause for respondent (Mariniello & Mariniello, attorneys; Mr. Mariniello, on the brief).

Before Judges COBURN, COLLESTER and LISA.

PER CURIAM.

This case concerns the real estate tax assessment of a parcel of largely undeveloped land, designated Block 4801, Lot 1, in the Borough of Fort Lee. The property is owned by plaintiff, Owners Maintenance Corporation ("OMC"). In 2001, the assessment was increased from $18,084,200 to $36,610,000. Eventually, OMC sought relief from the increase in the Tax Court. Both sides moved for summary judgment, and the Tax...

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