Title
Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Purpose: Stipulation of Settlements for Tax Appeals
List of Property:
(Tax Payer/Address/Block/Lot/Ward/Assmnt./Year/Refund Amount)
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2011/$186,100/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2012/$150,000/-$1,246.17
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2013/$150,000/-$847.51
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2014/$150,000/-$889.99
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2017/$178,700/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2018/$178,700/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/58/115 Garrison Street/East/2019/$178,700/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2011/$244,200/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2012/$196,900/-$1,632.80
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2013/$196,900/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2014/$196,900/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2017/$196,900/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2018/$196,900/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/59/117 Garrison Street/East/2019/$196,900/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2011/$151,900/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2012/$73,500/-$2,706.37
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2013/$73,500/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2014/$73,500/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2017/$73,500/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2018/$73,500/-$0.00
711 Commerce LLC a/k/a 711 Commerce Road LLC/1007/60/119 Garrison Street/East/2019/$73,500/-$0.00
Community Asset Preservation Corporation/118/34/21 Lincoln Park/Central/2015/$113,600/-$410.32
Maximino & Luzia DaSilva/597/1/603-605 North 6th Street/North/2021/$396,800/-$1,467.47
Figueroa, Jorge & Avelina/822/12/817-823 Broadway/North/2014/$954,400/-$0.00
Figueroa, Jorge & Avelina/822/12/817-823 Broadway/North/2015/$850,000/-$3,454.60
Figueroa, Jorge & Avelina/822/12/817-823 Broadway/North/2016/$850,000/-$3,591.36
Figueroa, Jorge & Avelina/822/12/817-823 Broadway/North/2017/$850,000/-$3,716.64
XSH LLC; X87 LLC/64/14(17,18,19,21)/91-93 Halsey Street/Central/2014/$1,313,800/-$0.00
XSH LLC; X87 LLC/64/17(LOT MERGED L17 INTO L14 IN 2016)/87-89 Halsey Street/Central/2014/$1,358,800/-$4,580.18
XSH LLC; X87 LLC/64/17(LOT MERGED L17 INTO L14 IN 2016)/87-89 Halsey Street/Central/2015/$1,358,800/-$4,887.39
XSH LLC; X87 LLC/64/17(LOT MERGED L17 INTO L14 IN 2016)/87-89 Halsey Street/Central/2016/$1,358,800/-$5,080.88
XSH LLC; X87 LLC/64/21(LOT MERGED L21 INTO L14 IN 2016)/95 Halsey Street/Central/2014/$325,900/-$0.00
Manuel Lojo/3546/70/20-26 Elizabeth Place/South/2019/$675,000/-$0.00
Manuel Lojo/3546/70/20-26 Elizabeth Place/South/2020/$575,000/-$3,800.00
Manuel Lojo/3546/70/20-26 Elizabeth Place/South/2021/$575,000/-$3,734.00
Manuel Lojo/3546/70/20-26 Elizabeth Place/South/2022/$575,000/-$3,736.00
Manuel Lojo/3546/70/20-26 Elizabeth Place/South/2023/$575,000/-$3,728.00
Broad Howard Assoc. c/o JJ Oper/146/7/764-768 Mayor Gibson/Central/2021/$1,850,200/-$0.00
Broad Howard Assoc. c/o JJ Oper/146/7/764-768 Mayor Gibson/Central/2022/$1,450,000/-$14,951.47
Broad Howard Assoc. c/o JJ Oper/146/7/764-768 Mayor Gibson/Central/2023/$1,450,000/-$14,919.46
Teixeira, Armindo & Santos, Joao/2009/8/618 Market St/East/2018/$430,900/-$2,182.56
Teixeira, Armindo & Santos, Joao /2009/8/618 Market St/East/2019/$430,900/-$2,222.75
Teixeira, Armindo & Santos, Joao /2009/8/618 Market St/East/2020/$430,900/-$2,245.80
Teixeira, Armindo & Santos, Joao /2009/8/618 Market St/East/2021/$430,900/-$0.00
Teixeira, Armindo & Santos, Joao /2009/8/618 Market St/East/2022/$430,900/-$0.00
Cuco, Dulce/2038/33/59 - 67 Wall Street/East/2023/$1,001,400/-$0.00
Cuco, Dulce/2038/33/59 - 67 Wall Street/East/2024/$750,000/-$9,560.74
Cuco, Dulce/2038/33/59 - 67 Wall Street/East/2025/$750,000/-$5,178.84
373 North 5th Street v. Newark, LLC/1933/58/365 5th Street/West/2021/$598,000/-$0.00
373 North 5th Street v. Newark, LLC/1933/58/365 5th Street/West/2022/$598,000/-$0.00
373 North 5th Street v. Newark , LLC/1933/58/365 5th Street/West/2023/$598,000/-$0.00
373 North 5th Street v. Newark , LLC/1933/59/367-371 5th Street/West/2021/$286,000/-$5,813.84
373 North 5th Street v. Newark, LLC/1933/59/367-371 5th Street/West/2022/$286,000/-$5,816.95
373 North 5th Street v. Newark , LLC/1933/59/367-371 5th Street/West/2023/$286,000/-$5,804.50
373 North 5th Street v. Newark , LLC/1933/62/373-375 5th Street/West/2021/$374,200/-$8,412.70
373 North 5th Street v. Newark, LLC/1933/62/373-375 5th Street/West/2022/$374,200/-$8,417.21
373 North 5th Street v. Newark , LLC/1933/62/373-375 5th Street/West/2023/$374,200/-$8,399.18
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2013/$918,900/-$0.00
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2014/$918,900/-$0.00
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2015/$918,900/-$0.00
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2016/$918,900/-$0.00
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2017/$750,000/-$6,012.84
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2018/$750,000/-$6,237.48
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2019/$750,000/-$6,352.33
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2020/$765,000/-$5,848.20
Trans Realty Co. % M. J. Berlo/825/22/30-48 Verona Ave/North/2021/$765,000/-$4,488.27
Columbia Management, LLC/872/6/83 Green Street/Central/2018/$369,400/-$2,160.41
550 Broad Investors/14/9/548-556 Mayor Gibson/Central/2018/$17,533,200/-$106,890.19
David & Luis D. Rodriguez/559/10.01/303-313 Mount Prospect Avenue/North/2015/$3,200,000/-$6,247.39
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2016/$1,400,000/-$0.00
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2017/$1,400,000/-$0.00
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2018/$1,243,700/-$5,772.16
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2019/$1,246,500/-$5,773.14
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2020/$1,300,000/-$0.00
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2021/$1,400,000/-$0.00
Alexander & Maria V. Fontes/2011/23/637-641 Market Street/East/2022/$1,085,300/-$0.00
Sumo Prime Corp./1991/31/174 Ferry Street/East/2019/$350,000/-$1,395.33
Sumo Prime Corp./1991/31/174 Ferry Street/East/2020/$350,000/-$1,409.80
Sumo Prime Corp./1991/31/174 Ferry Street/East/2021/$350,000/-$1,385.31
Sumo Prime Corp./1991/32/176 Ferry Street/East/2013/$668,000/-$0.00
Sumo Prime Corp./1991/32/176 Ferry Street/East/2014/$668,000/-$0.00
Sumo Prime Corp./1991/32/176 Ferry Street/East/2015/$668,000/-$0.00
Sumo Prime Corp./1991/32/176 Ferry Street/East/2019/$668,000/-$0.00
Sumo Prime Corp./1991/32/176 Ferry Street/East/2020/$668,000/-$0.00
Sumo Prime Corp./1991/32/176 Ferry Street/East/2021/$595,900/-$0.00
JTG Developers, LLC/City of Newark/1150/3/Foot of Emmet Street/East/2021/$1,530,300/-$0.00
JTG Developers, LLC/City of Newark/1150/3/Foot of Emmet Street/East/2022/$1,530,300/-$0.00
JTG Developers, LLC/City of Newark/1150/3/Foot of Emmet Street/East/2023/$1,530,300/-$0.00
Emmet Jas, LLC/City of Newark/1275/27/299-301 Emmet Street/East/2021/$2,298,500/-$0.00
Emmet Jas, LLC/City of Newark/1275/27/299-301 Emmet Street/East/2022/$1,750,000/-$20,491.96
Emmet Jas, LLC/City of Newark/1275/27/299-301 Emmet Street/East/2023/$1,750,000/-$20,448.08
Emmet Jas, LLC/City of Newark/1275/27/299-301 Emmet Street/East/2024/$1,750,000/-$20,859.46
Emmet Street South, LLC/1275/28/303-309 Emmet Street/East/2021/$448,000/-$0.00
Emmet Street South, LLC/1275/28/303-309 Emmet Street/East/2022/$448,000/-$0.00
Emmet Street South, LLC/1275/28/303-309 Emmet Street/East/2023/$448,000/-$0.00
LA Lucky, LLC/429/57/61 Hartford Street/Central/2013/$75,000/-$750.06
Mohamed Abdulla; 436-448 Central Ave LLC/1843/1/436-448 Central Avenue/West/2019/$950,800/-$3,960.33
Mohamed Abdulla; 436-448 Central Ave LLC/1843/1/436-448 Central Avenue/West/2020/$950,800/-$4,001.40
Mohamed Abdulla; 436-448 Central Ave LLC/1843/1/436-448 Central Avenue/West/2021/$950,800/-$0.00
Mohamed Abdulla; 436-448 Central Ave LLC/1843/1/436-448 Central Avenue/West/2022/$950,800/-$0.00
113 Halsey LLC; HG 260 Washington LLC/60/4(MERGED L2,3,4,5(6) INTO L5 IN 2023)/260-272 Washington Street/Central/2020/$400,000/-$0.00
113 Halsey LLC; HG 260 Washington LLC/60/4(MERGED L2,3,4,5(6) INTO L5 IN 2023)/260-272 Washington Street/Central/2021/$377,800/-$0.00
113 Halsey LLC; HG 260 Washington LLC/60/4(MERGED L2,3,4,5(6) INTO L5 IN 2023)/260-272 Washington Street/Central/2022/$377,800/-$0.00
113 Halsey, LLC/63/23(24,27)/113-119 Halsey Street/Central/2021/$1,919,500/-$18,670.00
113 Halsey, LLC/63/23(24,27)/113-119 Halsey Street/Central/2022/$1,919,500/-$18,680.00
671 673 Sanford Holding/4125.02/5/671-673 Sandford Avenue/West/2021/$110,000/-$373.40
Yosief Ghebreab; Yodit Negasi/1841/19/351 West Market Street/Central/2022/$280,000/-$0.00
Yosief Ghebreab; Yodit Negasi/1841/19/351 West Market Street/Central/2023/$250,000/-$1,118.40
I.L.A. Local 1478-2/992/23/24 Hennesy Street/East/2017/$155,200/-$0.00
I.L.A. Local 1478-2/992/23/24 Hennesy Street/East/2018/$155,200/-$0.00
I.L.A. Local 1478-2/992/23/24 Hennesy Street/East/2019/$155,200/-$0.00
I.L.A. Local 1478-2/992/23/24 Hennesy Street/East/2020/$155,200/-$0.00
I.L.A. Local 1478-2/992/23/24 Hennesy Street/East/2021/$155,200/-$0.00
I.L.A. Local 1478-2/992/24/25 Hennesy Street/East/2017/$155,200/-$0.00
I.L.A. Local 1478-2/992/24/25 Hennesy Street/East/2018/$155,200/-$0.00
I.L.A. Local 1478-2/992/24/25 Hennesy Street/East/2019/$155,200/-$0.00
I.L.A. Local 1478-2/992/24/25 Hennesy Street/East/2020/$155,200/-$0.00
I.L.A. Local 1478-2/992/24/25 Hennesy Street/East/2021/$155,200/-$0.00
I.L.A. Local 1478-2/992/25/26 Hennesy Street/East/2017/$105,100/-$0.00
I.L.A. Local 1478-2/992/25/26 Hennesy Street/East/2018/$105,100/-$0.00
I.L.A. Local 1478-2/992/25/26 Hennesy Street/East/2019/$105,100/-$0.00
I.L.A. Local 1478-2/992/25/26 Hennesy Street/East/2020/$105,100/-$0.00
I.L.A. Local 1478-2/992/25/26 Hennesy Street/East/2021/$105,100/-$0.00
I.L.A. Local 1478-2/992/26/30 Hennesy Street/East/2017/$910,600/-$0.00
I.L.A. Local 1478-2/992/26/30 Hennesy Street/East/2018/$910,600/-$0.00
I.L.A. Local 1478-2/992/26/30 Hennesy Street/East/2019/$789,100/-$4,569.62
I.L.A. Local 1478-2/992/26/30 Hennesy Street/East/2020/$789,100/-$4,617.00
I.L.A. Local 1478-2/992/26/30 Hennesy Street/East/2021/$789,100/-$0.00
157 Green Street LLC/201/29/157 Green Street/East/2020/$680,000/-$0.00
157 Green Street LLC/201/29/157 Green Street/East/2021/$680,000/-$0.00
157 Green Street LLC/201/29/157 Green Street/East/2022/$680,000/-$0.00
157 Green Street LLC/201/29/157 Green Street/East/2023/$454,900/-$8,391.73
157 Green Street LLC/201/29/157 Green Street/East/2024/$454,900/-$8,560.55
Rossendale-Reddway Co./2406/6/5-43 Euclid Avenue/East/2021/$1,200,000/-$0.00
Rossendale-Reddway Co./2406/6/5-43 Euclid Avenue/East/2022/$1,200,000/-$0.00
Rossendale-Reddway Co./2406/6/5-43 Euclid Avenue/East/2023/$1,100,000/-$3,728.00
Rossendale-Reddway Co./2406/6/5-43 Euclid Avenue/East/2024/$1,000,000/-$7,606.00
Rossendale-Reddway Co./2406/6/5-43 Euclid Avenue/East/2025/$900,000/-$0.00
SUNRISE EQUITIES CORP (UN CAP CORP.)/1934/28(33)/249-259 Park Avenue/West/2018/$721,400/-$1,133.75
SUNRISE EQUITIES CORP (UN CAP CORP.)/1934/28(33)/249-259 Park Avenue/West/2019/$721,400/-$1,154.63
SUNRISE EQUITIES CORP (UN CAP CORP.)/1934/28(33)/261-263 Park Avenue/West/2020/$223,500/-$0.00
KFC NAT MGMT CO. C/O STAR PARTNER/1934/35/261-263 Park Avenue/West/2018/$223,500/-$0.00
KFC NAT MGMT CO. C/O STAR PARTNER/1934/35/261-263 Park Avenue/West/2019/$223,500/-$0.00
Albert & Cornelia, LLC/2452/24/5-45 Cornelia Street/East/2019/$1,250,000/-$9,519.10
279-285 Goldsmith Funding, LLC/3718/35(37)/279-285 Goldsmith Avenue/South/2017/$1,149,000/-$3,560.00
279-285 Goldsmith Funding, LLC/3718/35(37)/279-285 Goldsmith Avenue/South/2018/$1,249,000/-$0.00
279-285 Goldsmith Funding, LLC/3718/35(37)/279-285 Goldsmith Avenue/South/2019/$1,249,000/-$0.00
279-285 Goldsmith Funding, LLC/3718/35(37)/279-285 Goldsmith Avenue/South/2020/$1,249,000/-$0.00
279-285 Goldsmith Funding, LLC/3718/35(37)/279-285 Goldsmith Avenue/South/2021/$1,249,000/-$0.00
279-285 Goldsmith Funding, LLC/3718/35(37)/279-285 Goldsmith Avenue/South/2021/$1,249,000/-$0.00
Gurudev, Inc./2557/30/124 Spruce Street/Central/2022/$251,200/-$2,092.16
Gurudev, Inc./2557/30/124 Spruce Street/Central/2024/$200,000/-$4,076.82
Gurudev, Inc./2557/30/124 Spruce Street/Central/2025/$175,000/-$2,723.32
Keystone Folding Box Company/859/2(48)/367-373 Verona Avenue/North/2018/$791,400/-$1,292.55
Keystone Folding Box Company/859/2(48)/367-373 Verona Avenue/North/2019/$791,400/-$1,316.35
Keystone Folding Box Company/859/2(48)/367-373 Verona Avenue/North/2020/$791,400/-$1,330.00
Keystone Folding Box Company/859/2(48)/367-373 Verona Avenue/North/2021/$826,400/-$0.00
Keystone Folding Box Company/859/2(48)/367-373 Verona Avenue/North/2022/$826,400/-$0.00
SRBZ Holdings 1 LLC/4075/19/96-98 Lindsley Avenue/West/2024/$290,000/-$1,737.97
Ungar, Trany/365/36/724 S 18th Street/South/2024/$275,000/-$1,589.65
269-277 S Orange Ave LLC/263/65/269 South Orange Avenue/West/2024/$79,300/-$0.00
269-277 S Orange Ave LLC/263/65/269 South Orange Avenue/West/2025/$75,000/-$88.58
269-277 S Orange Ave LLC/263/66/271-277 South Orange Avenue/West/2024/$1,213,400/-$0.00
269-277 S Orange Ave LLC/263/66/271-277 South Orange Avenue/West/2025/$1,025,000/-$3,881.04
Additional Information:
TOTAL REFUNDS $485,730.44
body
Invitation: Corporation Counsel (date - to be entered by Clerk’s Office)
WHEREAS, there are now pending before the Tax Court of New Jersey direct appeals challenging real property assessments and actions to review judgments of the Essex County Board of Taxation with regard to properties listed on the attached Schedule A, December 2025 Refunds 1; and
WHEREAS, after a review of the appraisals of both the City and the taxpayer and an analysis of prior County Board and Tax Court actions as they affect these properties, and after careful consideration of these facts, it is the opinion of the Tax Assessor and the Corporation Counsel, or his designee (“Outside Counsel”) that these settlements are in the best interests of the City of Newark.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Corporation Counsel of the City of Newark be and is hereby authorized to execute a Stipulation of Settlement with regard to certain properties as set forth in Schedule A, December 2025 Refunds 1, after receipt of all documents deemed appropriate.
2. The City Clerk shall serve a copy of this Resolution upon the Tax Assessor, Corporation Counsel and the Director of Finance.
STATEMENT
This Resolution authorizes the Corporation Counsel, or his designee, to execute a Stipulation of Settlement with regard to Tax Appeals on certain properties set forth in Schedule A, December 2025 Refunds 1.