Title
Dept/ Agency: Finance
Action: ( ) Ratifying (X) Authorizing ( ) Amending
Type of Service: Consent Order to Vacate In Rem Final Judgment
Purpose: To vacate and set aside Foreclosure Judgment, giving title back to original owners, due to delinquent payment of Taxes
List of Property:
(Address/Block/Lot/Ward/ Previous Owner)
534 North 13th Street R/Block 652/Lot 22/North Ward
Additional Information:
Essex County Docket No: F-13788-03, Claim No. 255
Invitation: Finance Director, May 19, 2015
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WHEREAS, the City of Newark entered a Final Judgment in an in Rem Tax Foreclosure matter entered in the Superior Court of New Jersey, Chancery Division, Essex County Docket No: F-13788-03 on October 1, 2003; and
WHEREAS, said Final Judgment was recorded in the Essex County Registrar's Office on December 10, 2003 in Book 6025, Page 570; and
WHEREAS, the property owner, Roe Almar indicated on the annexed list (Exhibit A) is the owner of record on the last tax duplicate when the City of Newark entered foreclosure judgment on the subject property; and
WHEREAS, the previous owner of record, Roe Almar, listed in Exhibit A has made application for a consent to vacate the foreclosure judgment entered on subject property; and
WHEREAS, the property on the attached list was foreclosed In Rem, in an action in the Superior Court of New Jersey, as described in exhibits attached hereto; and
WHEREAS, the Tax Collector of the City of Newark has recommended approval of said Consent Order the previous owner of record" indicated on the annexed list for the indicated amount.
NOW, THEREFORE, BE IT RESOLVED BY THE MUNICIPAL COUNCIL OF THE CITY OF NEWARK, NEW JERSEY, THAT:
1. The Corporation Counsel and the Tax Collector of the City of Newark be and are hereby authorized to enter into (partial) "Consent Order to Vacate" the aforementioned foreclosure judgment with each Roe Almar, the previous owner of the property, 534 North 13th Street /Block 652/Lot 22, prior to the City's In Rem Tax Foreclosure as indicated on the annexed list.
2. The City rationale for entering into the said consent order is captioned on exhibit attached.
STATEMENT
To enter into a Consent Order to vacate and set aside Foreclosure Judgment, giving title back to original owner, due to payment of delinquent property taxes.