Title
7R5-a Finance
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)
United Auto Body/10-12 Gouverneur Street/441/30/Central/$331,300/2010/-$3,097.32
United Auto Body/10-12 Gouverneur Street/441/30/Central/$331,300/2011/-$3,241.47
United Auto Body/10-12 Gouverneur Street/441/30/Central/$331,300/2012/-$3,362.25
United Auto Body/209 Broad Street/441/24/Central/$48,600/2010/$0.00
United Auto Body/209 Broad Street/441/24/Central/$48,600/2011/$0.00
United Auto Body/209 Broad Street/441/24/Central/$$48,600/2012/$0.00
United Auto Body/211 Broad Street/441/25/Central/$78,600/2010/$0.00
United Auto Body/211 Broad Street/441/25/Central/$78,600/2011/$0.00
United Auto Body/211 Broad Street/441/25/Central/$78,600/2012/$0.00
United Auto Body/8 Gouverneur Street/441/33/Central/$36,600/2010/$0.00
United Auto Body/8 Gouverneur Street/441/33/Central/$36,600/2011/$0.00
United Auto Body/8 Gouverneur Street/441/33/Central/$36,600/2012/$0.00
United Auto Body/6- Gouverneur Street/441/34/ Central/$33,800/2010/$0.00
United Auto Body/6- Gouverneur Street/441/34/ Central/$33,800/2011/$0.00
United Auto Body/6- Gouverneur Street/441/34/ Central/$33,800/2012/$0.00
United Auto Body/2-4 Gouverneur Street/441/35/Central/$81,500/2010/$0.00
United Auto Body/2-4 Gouverneur Street/441/35/Central/$81,500/2011/$0.00
United Auto Body/2-4 Gouverneur Street/441/35/Central/$81,500/2012/$0.00
United Auto Body/6 Gouverneur Street/441/68/Central/$35,900/2010/$0.00
United Auto Body/6 Gouverneur Street/441/68/Central/$35,900/2011/$0.00
United Auto Body/6 Gouverneur Street/441/68/Central/$35,900/2012/$0.00
Jac & Jac/14-16 Garden Street/917/1.03/East/$157,500/2008/-$1,494.43
Jac & Jac /14-16 Garden Street/917/1.03/East/$157,500/2009/-$1,574.93
Jac & Jac /14-16 Garden Street/917/1.03/East/$157,500/2010/-$1,828.50
Jac & Jac /14-16 Garden Street/917/1.03/East/$157,500/2011/-$1,913.60
Jac & Jac /14-16 Garden Street/917/1.03/East/$157,500/2012/-$1,984.90
Jac & Jac/18 Garden Street /917/1.04/East/$157,500/2008/-$1,494.43
Jac & Jac/18 Garden Street/917/1.04/East/$157,500/2009/-$1,574.93
Jac & Jac/18 Garden Street/917/1.04/East/$157,500/2010/-$1,828.50
Jac & Jac/18 Garden Street/917/1.04/East/$157,500/2011/-$1,913.60
Jac & Jac/18 Garden Street/917/1.04/East/$157,500/2012/-$1,984.90
Jac & Jac/20-22 Garden Street/917/1.05/East/$157,500/2008/-$1,494.43
Jac & Jac/20-22 Garden Street/917/1.05/East/$157,500/2009/-$1,574.93
Jac & Jac/20-22 Garden Street/917/1.05/East/$157,500/2010/-$1,828.50
Jac & Jac/20-22 Garden Street/917/1.05/East/$157,500/2011/-$1,913.60
Jac & Jac/20-22 Garden Street/917/1.05/East/$157,500/2012/-$1,984.90
Jac & Jac/122 East Kinney Street/917/1.06/East/$156,800/2008/-$1,476.23
Jac & Jac/122 East Kinney Street/917/1.06/East/$156,800/2009/-$1,555.75
Jac & Jac/122 East Kinney Street/917/1.06/East/$156,800/2010/-$1,806.24
Jac & Jac/122 East Kinney Street/917/1.06/East/$156,800/2011/-$1,890.30
Jac & Jac/122 East Kinney Street/917/1.06/East/$156,800/2012/-$1,960.74
Jac & Jac/118-120 East Kinney Street/917/1.07/East/$157,500/2008/-$1,494.43
Jac & Jac/118-120 East Kinney Street/917/1.07/East/$157,500/2009/-$1,574.93
Jac & Jac/118-120 East Kinney Street/917/1.07/East/$157,500/2010/-$1,828.50
Jac & Jac/118-120 East Kinney Street/917/1.07/East/$157,500/2011/-$1,913.60
Jac & Jac/118-120 East Kinney Street/917/1.07/East/$157,500/2012/-$1,984.90
Jac & Jac/116 East Kinney Street/917/1.08/East/$157,500/2008/-$1,494.43
Jac & Jac/116 East Kinney Street/917/1.08/East/$157,500/2009/-$1,574.93
Jac & Jac/116 East Kinney Street/917/1.08/East/$157,500/2010/-$1,828.50
Jac & Jac/116 East Kinney Street/917/1.08/East/$157,500/2011/-$1,913.60
Jac & Jac/116 East Kinney Street/917/1.08/East/$157,500/2012/-$1,984.90
Jac & Jac/112-114 East Kinney Street/917/1.09/East/$157,500/2008/-$1,494.43
Jac & Jac/112-114 East Kinney Street/917/1.09/East/$157,500/2009/-$1,574.93
Jac & Jac/112-114 East Kinney Street/917/1.09/East/$157,500/2010/-$1,828.50
Jac & Jac/112-114 East Kinney Street/917/1.09/East/$157,500/2011/-$1,913.60
Jac & Jac/112-114 East Kinney Street/917/1.09/East/$157,500/2012/-$1,984.90
Jac & Jac/110 East Kinney Street/917/1.10/East/$157,500/2008/-$1,494.43
Jac & Jac/110 East Kinney Street/917/1.10/East/$157,500/2009/-$1,574.93
Jac & Jac/110 East Kinney Street/917/1.10/East/$157,500/2010/-$1,828.50
Jac & Jac/110 East Kinney Street/917/1.10/East/$157,500/2011/-$1,913.60
Jac & Jac/110 East Kinney Street/917/1.10/East/$157,500/2012/-$1,984.90
Aspen Temple Holding/860-868 South Eleventh Street/3006/32/South/$3,940,100/2013/-$9,712.42
Aspen Temple Holding/860-868 South Eleventh Street/3006/32/South/$3,940,100/2014/-$10,199.19
Aspen Temple Holding/825-829 South Tenth Street/3006/20/South/$2,233,100/2013/-$6,475.93
Aspen Temple Holding/825-829 South Tenth Street/3006/20/South/$2,233,100/2014/-$6,800.49
Rodriguez, David & Maria/441-443 Mt. Prospect Avenue/627/17/North/$429,200/2012/$0.00
Rodriguez, David & Maria/441-443 Mt. Prospect Avenue/627/17/North/$837,500/2013/-$5,082.11
Zinsser Co. Inc. v. Newark/480 Frelinghuysen Avenue/ 3511/1/South/$4,700,000/2008/-$22,091.50
Zinsser Co. Inc. v. Newark/480 Frelinghuysen Avenue / 3511/1/South/$4,700,000/2009/-$32,868.00
Zinsser Co. Inc. v. Newark/480 Frelinghuysen Avenue / 3511/1/South/$4,700,000/2010/-$38,160.00
Zinsser Co. Inc. /480 Frelinghuysen Avenue/ 3511/1/South/$4,700,000/2011/-$46,592.00
Zinsser Co. Inc. v. Newark/480 Frelinghuysen Avenue/ 3511/1/South/$4,700,000/2012/-$48,328.00
Messinger Trucking/84-128 Lockwood Street/2412/17/East/$8,000,000/2008/-$25,990.00
Messinger Trucking/84-128 Lockwood Street/2412/17/East/$8,000,000/2009/-$34,237.50
Messinger Trucking/84-128 Lockwood Street/2412/17/East/$8,000,000/$8,000,000/2010/-$63,600.00
Messinger Trucking/84-128 Lockwood Street/2412/17/East/$8,000,000/$8,000,000/2011/-$81,536.00
Messinger Trucking/84-128 Lockwood Street /2412/17/East/$8,000,000/$8,000,000/2012/-$84,574.00
Orbit Newark Development LLC/41-43 Central Avenue/21/23/Central/$163,400/2009/-$98.60
Aimoe, LLC/18 Green Street/865/118/East/$501,600/2009/-$1,413.32
Aimoe, LLC/18 Green Street/865/118/East/$501,600/2010/-$1,640.88
Aimoe, LLC/18 Green Street/865/118/East $501,600/2011/-$1,717.25
Aimoe, LLC/18 Green Street/865/118/East $501,600/2012/-$1,781.23
Saint Barnabas Realty Dev. Corp. /266 Lehigh Avenue/3632/34/South/$177,500/2012/-$949.30
Garrido Enterprise LLC/134-136 Union Street/192/45/$457,100/2009/-$1,783.09
Garrido Enterprise LLC/134-136 Union Street/192/45/$457,100/2010/-$5,631.78
Garrido Enterprise LLC/134-136 Union Street/192/45/$457,100/2011/-$5,893.89
Garrido Enterprise LLC/134-136 Union Street/192/45/$457,100/2012/-$6,113.49
Garrido Enterprise LLC/134-136 Union Street/192/45/$391,400/2013/$0.00
Garrido Enterprise LLC/134-136 Union Street/192/45/$391,400 /2014/$0.00
Garrido Enterprise LLC/134-136 Union Street/192/45/$391,400 /2015/$0.00
Additional Information:
Total Tax Difference: -$623,234.79
Invitation: Corporation Counsel , February 17, 2016
body
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 dated August 14, 2015; 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 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, dated August 14, 2015, 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 the Department of Finance.
STATEMENT
This resolution authorizes the Corporation Counsel to execute a Stipulation of Settlement with regard to certain Tax Appeals on properties, as set forth in Schedule A attached, dated August 14, 2015.