File #: 24-0950    Version: 1 Name: Stipulation of Settlement for Tax Appeals July 2024 Refunds
Type: Resolution Status: Adopted
File created: 7/2/2024 In control: Finance
On agenda: 8/7/2024 Final action: 8/7/2024
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) Brugi Ventures, LLC/571/47/26-28 Mt. Pleasant Avenue/North/2016/$240,000/-$732.72 Brugi Ventures, LLC/2645/16/815-817 South 16th Street/South/2016/$235,000/-$650.16 Brugi Ventures, LLC/2645/16/815-817 South 16th Street/South/2018/$235,000/-$697.98 Brugi Ventures, LLC/2645/16/815-817 South 16th Street/South/2019/$235,000/-$710.83 De Pinho, John/832/2/875 Broadway/North/2017/$334,500/-$2,670.00 De Pinho, John/832/2/875 Broadway/North/2018/$334,500/-$2,769.75 De Pinho, John/832/2/875 Broadway/North/2019/$334,500/-$2,820.75 Diwan Spirits, Inc./4207/17/769-775 South Orange Avenue/West/2016/$673,400/-$0.00 Diwan Spirits, Inc./4207/17/769-775 South Orange Avenue/West/2017/$575,000/-$3,503.04 Diwan Spirits, Inc./4207/17/769-775 South Orange Avenue/West/2018/$575,000/-$3,633.91 Do...
Sponsors: Council of the Whole

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)

Brugi Ventures, LLC/571/47/26-28 Mt. Pleasant Avenue/North/2016/$240,000/-$732.72

Brugi Ventures, LLC/2645/16/815-817 South 16th Street/South/2016/$235,000/-$650.16

Brugi Ventures, LLC/2645/16/815-817 South 16th Street/South/2018/$235,000/-$697.98

Brugi Ventures, LLC/2645/16/815-817 South 16th Street/South/2019/$235,000/-$710.83

De Pinho, John/832/2/875 Broadway/North/2017/$334,500/-$2,670.00

De Pinho, John/832/2/875 Broadway/North/2018/$334,500/-$2,769.75

De Pinho, John/832/2/875 Broadway/North/2019/$334,500/-$2,820.75

Diwan Spirits, Inc./4207/17/769-775 South Orange Avenue/West/2016/$673,400/-$0.00

Diwan Spirits, Inc./4207/17/769-775 South Orange Avenue/West/2017/$575,000/-$3,503.04

Diwan Spirits, Inc./4207/17/769-775 South Orange Avenue/West/2018/$575,000/-$3,633.91

Domingues, Francisco/1128/23/180 Malvern Street/East/2017/$550,000/-$2,189.40

Domingues, Francisco/1128/23/180 Malvern Street/East/2018/$550,000/-$2,271.20

Domingues, Francisco/1128/23/180 Malvern Street/East/2019/$550,000/-$2,313.02

Domingues, Francisco/1128/23/180 Malvern Street/East/2020/$550,000/-$2,337.00

Dos Santos, Antonio & Maria/534/4/174 Bloomfield Avenue/North/2018/$290,000/-$1,303.63

Dos Santos, Antonio & Maria/534/4/174 Bloomfield Avenue/North/2019/$290,000/-$1,327.63

Dos Santos, Antonio & Maria/534/4/174 Bloomfield Avenue/North/2020/$290,000/-$0.00

Dos Santos, Antonio & Maria/815.01/24/808 Summer Avenue/North/2018/$210,000/-$1,447.66

Dos Santos, Antonio & Maria/815.01/24/808 Summer Avenue/North/2019/$210,000/-$1,474.31

Dos Santos, Antonio & Maria/815.01/24/808 Summer Avenue/North/2020/$210,000/-$0.00

Dos Santos, Antonio & Maria/815.01/25/806 Summer Avenue/North/2018/$275,200/-$0.00

Dos Santos, Antonio & Maria/815.01/25/806 Summer Avenue/North/2019/$275,200/-$0.00

Duro, A & M & Serra, C & S/2486/6/459-463 Ferry Street/East/2019/$900,000/-$23,667.97

Finkelstein, Florence c/o ENS Realty, Inc.(tenant)/316/27/580-582 Springfield Avenue/South/2016/$200,000/-$240.80

Ferry & Ferreira, LLC/5038.01/101/38-56 Stockton Street/East/2017/$420,100/-$3,560.00

Ferry & Ferreira, LLC/5038.01/101/38-56 Stockton Street/East/2018/$420,100/-$3,693.00

Ferry & Ferreira, LLC/5038.01/101/38-56 Stockton Street/East/2019/$420,100/-$3,761.00

Ferry & Ferreira, LLC/5038.01/103/78-94 Stockton Street/East/2017/$200,000/-$7.12

Ferry & Ferreira, LLC/5038.01/103/78-94 Stockton Street/East/2018/$200,000/-$7.39

Ferry & Ferreira, LLC/5038.01/103/78-94 Stockton Street/East/2019/$200,000/-$7.52

Ferry Street, LLC/188/1/107-109 Ferry Street/East/2018/$625,000/-$2,769.75

Ferry Street, LLC/188/1/107-109 Ferry Street/East/2019/$625,000/-$2,820.75

Ferry Street, LLC/188/1/107-109 Ferry Street/East/2020/$625,000/-$2,850.00

Ferry St LLC/2082.01/30/16-44 Paris Street/East/2018/$405,100/-$0.00

Ferry St LLC/2082.01/30/16-44 Paris Street/East/2019/$405,100/-$0.00

Ferry St LLC/2082.01/30/16-44 Paris Street/East/2020/$405,100/-$0.00

Ferry St LLC/2082.01/30/16-44 Paris Street/East/2021/$375,000/-$1,123.93

Ferry St LLC/2082.01/30/16-44 Paris Street/East/2022/$375,000/-$1,124.54

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2014/$316,700/-$0.00

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2015/$216,700/-$3,309.00

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2016/$266,700/-$1,720.00

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2017/$266,700/-$1,780.00

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2018/$251,700/-$0.00

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2019/$251,700/-$0.00

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2020/$201,900/-$1,892.40

Foster Enterprises, LLC/3744/6/34-36 Foster Street/South/2021/$119,900/-$0.00

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2014/$313,300/-$0.00

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2016/$263,300/-$1,720.00

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2017/$263,300/-$1,780.00

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2018/$248,300/-$0.00

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2019/$248,300/-$0.00

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2020/$119,900/-$4,879.20

Foster Enterprises, LLC/3744/48/707-709 Frelinghuysen Avenue/South/2021/$201,900/-$0.00

FQSR, LLC d/b/a KBP Foods; Bergen St. LLC Tricon Global Rest./260/1.03/119-129 Bergen Street/West/2019/$985,200/-$7,522.00

FQSR, LLC d/b/a KBP Foods; Bergen St. LLC Tricon Global Rest./260/1.03/119-129 Bergen Street/West/2020/$985,200/-$0.00

Frank Biondo/695/28/723 North 7th Street/North/2014/$232,700/-$0.00

Frank Biondo/695/28/723 North 7th Street/North/2015/$190,000/-$1,412.94

Frank Biondo/695/28/723 North 7th Street/North/2016/$190,000/-$1,468.88

Frank Biondo/695/28/723 North 7th Street/North/2017/$190,000/-$1,520.12

Frank Biondo/695/28/723 North 7th Street/North/2018/$190,000/-$1,576.91

Frank R. Galante/939/20/194 Walnut Street/East/2014/$127,100/-$387.63

Frank R. Galante/939/20/194 Walnut Street/East/2015/$127,100/-$413.63

Frank R. Galante/939/20/194 Walnut Street/East/2016/$127,100/-$430.00

Frank R. Galante/939/21/17 Pacific Street/East/2014/$637,400/-$4,651.50

Frank R. Galante/939/21/17 Pacific Street/East/2015/$637,400/-$4,963.50

Frank R. Galante/939/21/17 Pacific Street/East/2016/$637,400/-$5,160.00

Frank R. Galante/939/22/19 Pacific Street/East/2014/$485,500/-$4,651.50

Frank R. Galante/939/22/19 Pacific Street/East/2015/$485,500/-$4,963.50

Frank R. Galante/939/22/19 Pacific Street/East/2016/$485,500/-$5,160.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/T01/396-402 Bloomfield Avenue/North/2014/$235,600/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/T01/396-402 Bloomfield Avenue/North/2015/$235,600/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/T01/396-402 Bloomfield Avenue/North/2016/$235,600/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/T01/396-402 Bloomfield Avenue/North/2017/$235,600/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/T01/396-402 Bloomfield Avenue/North/2018/$235,600/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/396-402 Bloomfield Avenue/North/2015/$754,200/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/396-402 Bloomfield Avenue/North/2016/$754,200/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/396-402 Bloomfield Avenue/North/2017/$754,200/-$0.00

Garrido Enterprise, LLC; Maria Meno; Maga Realty, LLC/595/8/396-402 Bloomfield Avenue/North/2018/$754,200/-$0.00

Gottesman Barbara et als/179/13/952-992 Raymond Boulevard/East/2014/$1,091,300/-$0.00

Gottesman Barbara et als/179/13/952-992 Raymond Boulevard/East/2015/$1,091,300/-$0.00

Gottesman Barbara et als/179/13/952-992 Raymond Boulevard/East/2016/$755,300/-$11,558.40

Guiseppe Corbo/2624/1/1-7 Rose Terrace/South/2013/$250,000/-$1,240.26

Guiseppe Corbo/2624/1/1-7 Rose Terrace/South/2014/$250,000/-$1,302.42

Guiseppe Corbo/2624/1/1-7 Rose Terrace/South/2015/$292,000/-$0.00

Guiseppe Corbo/2624/1/1-7 Rose Terrace/South/2016/$292,000/-$0.00

Guiseppe Corbo/2624/1/1-7 Rose Terrace/South/2017/$292,000/-$0.00

X127 Halsey, LLC, 127 Halsey, LLC/63/32/127-131 Halsey Street/Central/2014/$1,200,000/-$2,468.40

X127 Halsey, LLC, 127 Halsey, LLC/63/32/127-131 Halsey Street/Central/2015/$1,200,000/-$2,633.96

Innes Realty Corp./5004/2/B01/72-74 Roanoke Avenue/East/2013/$194,000/-$0.00

Innes Realty Corp./5004/2/B01/72-74 Roanoke Avenue/East/2014/$194,000/-$0.00

Innes Realty Corp./5004/2/B01/72-74 Roanoke Avenue/East/2015/$194,000/-$0.00

Innes Realty Corp./5004/2/B01/72-74 Roanoke Avenue/East/2016/$194,000/-$0.00

Innes Realty Corp./5004/2/B01/72-74 Roanoke Avenue/East/2017/$194,000/-$0.00

Innes Realty Corp./5004/2/B01/72-74 Roanoke Avenue/East/2018/$194,000/-$0.00

Innes Realty Corp./5004/2/B02/72-74 Roanoke Avenue/East/2013/$194,000/-$0.00

Innes Realty Corp./5004/2/B02/72-74 Roanoke Avenue/East/2014/$194,000/-$0.00

Innes Realty Corp./5004/2/B02/72-74 Roanoke Avenue/East/2015/$194,000/-$0.00

Innes Realty Corp./5004/2/B02/72-74 Roanoke Avenue/East/2016/$194,000/-$0.00

Innes Realty Corp./5004/2/B02/72-74 Roanoke Avenue/East/2017/$194,000/-$0.00

Innes Realty Corp./5004/2/B02/72-74 Roanoke Avenue/East/2018/$194,000/-$0.00

Innes Realty Corp./5004/2/72-74 Roanoke Avenue/East/2013/$1,474,600/-$0.00

Innes Realty Corp./5004/2/72-74 Roanoke Avenue/East/2014/$1,474,600/-$0.00

Innes Realty Corp./5004/2/72-74 Roanoke Avenue/East/2015/$1,350,000/-$4,123.01

Innes Realty Corp./5004/2/72-74 Roanoke Avenue/East/2016/$1,350,000/-$4,286.24

Innes Realty Corp./5004/2/72-74 Roanoke Avenue/East/2017/$1,200,000/-$9,775.76

Innes Realty Corp./5004/2/72-74 Roanoke Avenue/East/2018/$1,200,000/-$10,140.98

Komain Properties, LLC/2057/28/96-112 Main Street/East/2012/$680,000/-$16,096.68

Komain Properties, LLC/2057/28/96-112 Main Street/East/2013/$832,200/-$0.00

Komain Properties, LLC/2057/28/96-112 Main Street/East/2014/$832,200/-$0.00

Komain Properties, LLC/2057/28/86-112 Main Street/East/2015/$800,000/-$1,065.50

Komain Properties, LLC/2057/28/96-112 Main Street/East/2016/$800,000/-$1,107.68

Limon Realty Co., LLC/3755/20/877-879 Frelinghuysen Avenue/South/2019/$725,000/-$14,024.77

Lincoln Park CAPC UR/116/29/393 Halsey Street/Central/2018/$80,800/-$505.94

Lincoln Park Plus4, LLC/119/36/51-53 Lincoln Park/Central/2018/$628,000/-$2,658.96

Lincoln Park Plus4, LLC/123/36/67-69 Lincoln Park/Central/2018/$467,500/-$2,684.81

LM Supermarket LLC/2631/27(28)/375-377 Avon Avenue/South/2018/$400,000/-$2,769.75

LM Supermarket LLC/2631/27(28)/375-377 Avon Avenue/South/2019/$400,000/-$2,820.75

M Surkis LLC/3044.02/19.06/115-117 Clinton Place/South/2018/$250,100/-$0.00

M Surkis LLC/3044.02/19.06/115-117 Clinton Place/South/2019/$200,000/-$1,884.26

M Surkis LLC/3044.02/19.06/115-117 Clinton Place/South/2020/$200,000/-$1,903.80

M Surkis LLC/3044.02/19.06/115-117 Clinton Place/South/2021/$200,000/-$1,870.73

Martinez, Clotilde/2071/25/141 Magazine Street/East/2013/$448,700/-$0.00

Martinez, Clotilde/2071/25/141 Magazine Street/East/2014/$350,000/-$3,060.69

Martinez, Clotilde/2071/25/141 Magazine Street/East/2015/$350,000/-$3,265.98

Martinez, Clotilde/2071/25/141 Magazine Street/East/2016/$350,000/-$3,395.28

Martinez, Clotilde/2071/25/141 Magazine Street/East/2017/$350,000/-$3,513.72

Martinez, Clotilde/2071/25/141 Magazine Street/East/2018/$350,000/-$3,644.99

Martinez, Clotilde/2071/25/141 Magazine Street/East/2019/$350,000/-$3,712.11

Martinez, Loretta/942/42/105 New York Avenue/East/2018/$296,500/-$1,107.90

Martinez, Loretta/942/42/105 New York Avenue/East/2019/$296,500/-$1,128.30

Martinez, Loretta/942/42/105 New York Avenue/East/2020/$296,500/-$1,140.00

Mesar Properties, LLC/925/36.02/127-129 Pennington Street/East/2012/$274,500/-$883.71

Mesar Properties, LLC/925/36.02/127-129 Pennington Street/East/2013/$235,300/-$0.00

Mesar Properties, LLC/925/36.02/127-129 Pennington Street/East/2014/$235,300/-$0.00

Mesar Properties, LLC/925/36.02/127-129 Pennington Street/East/2015/$235,300/-$0.00

Mesar Properties, LLC/925/36.02/127-129 Pennington Street/East/2016/$235,300/-$0.00

Mesar Properties, LLC/925/36.02/127-129 Pennington Street/East/2017/$235,300/-$0.00

Navas, Hipatia/4070/1/91-93 Lindsley Avenue/West/2017/$225,000/-$979.00

Navas, Hipatia/4070/1/91-93 Lindsley Avenue/West/2018/$225,000/-$1,015.58

Navas, Hipatia/4070/1/91-93 Lindsley Avenue/West/2019/$225,000/-$1,034.28

Neelam, Inc./737/7/672 Mt. Prospect Avenue/North/2017/$277,700/-$1,933.08

Neelam, Inc./737/7/672 Mt. Prospect Avenue/North/2018/$250,000/-$3,028.26

Neelam, Inc./737/7/672 Mt. Prospect Avenue/North/2019/$250,000/-$3,084.02

Newark Makerhoods Urban Renewal, LLC/2508/29/597-601 Dr. M.L. King Boulevard/Central/2020/$64,100/-$25,859.00

Newark Makerhoods Urban Renewal, LLC/2508/52/129-145 Court Street/Central/2020/$41,300/-$16,632.60

Newark Portfolio II Owner LLC; AP Newark 591-597 Elizabeth, LLC/3644/1/591-597 Elizabeth Avenue/South/2014/$1,000,000/-$6,202.00

Newark Portfolio II Owner LLC; AP Newark 591-597 Elizabeth, LLC/3644/1/591-597 Elizabeth Avenue/South/2015/$1,100,000/-$3,309.00

Newark Portfolio II Owner LLC; AP Newark 591-597 Elizabeth, LLC/3644/1/591-597 Elizabeth Avenue/South/2016/$1,200,000/-$0.00

Newark Realty, LLC/3657/3(5,6)/1000-1006 Bergen Street/South/2017/$485,900/-$3,560.00

Newark Realty, LLC/3657/3(5,6)/1000-1006 Bergen Street/South/2018/$485,900/-$3,693.00

Newark Realty, LLC/3657/3(5,6)/1000-1006 Bergen Street/South/2019/$485,900/-$3,761.00

Newark Realty, LLC/3660/8(9,10)/1061-1065 Bergen Street/South/2017/$400,000/-$4,304.04

Newark Realty, LLC/3660/8(9,10)/1061-1065 Bergen Street/South/2018/$400,000/-$4,464.84

Newark Realty, LLC/3660/8(9,10)/1061-1065 Bergen Street/South/2019/$400,000/-$4,547.05

Newark Realty, LLC/3660/8(9,10)/1061-1065 Bergen Street/South/2022/$400,000/-$4,516.82

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/43(44)/23-25 Dey Street/Central/2014/$269,700/-$0.00

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/43(44)/23-25 Dey Street/Central/2015/$269,700/-$0.00

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/43(44)/23-25 Dey Street/Central/2016/$269,700/-$0.00

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/43(44)/23-25 Dey Street/Central/2017/$269,700/-$0.00

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/64/9-13 Dey Street/Central/2014/$756,900/-$0.00

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/64/9-13 Dey Street/Central/2015/$580,300/-$5,843.69

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/64/9-13 Dey Street/Central/2016/$580,300/-$6,075.04

NJ Linens & Property Corp.; SNB Realty Group LLC/2837/64/9-13 Dey Street/Central/2017/$580,300/-$6,286.96

North 9, LLC/1928/40/65-73 North 9th Street/Central/2020/$2,300,000/-$7,600.00

NSA 559 Broad Street, LLC/22/20/559 Broad Street/Central/2020/$578,800/-$28,648.20

NSA 559 Broad Street, LLC/22/20/559 Broad Street/Central/2020/$0/-$0.00

Olugbenga J. Adegbite/2639/1/713-715 Springfield Avenue/South/2016/$607,600/-$0.00

Olugbenga J. Adegbite/2639/1/713-715 Springfield Avenue/South/2017/$575,000/-$1,160.56

Olugbenga J. Adegbite/2639/1/713-715 Springfield Avenue/South/2018/$550,000/-$2,127.17

PCG 5 LLC/3001/31/90-92 Farley Avenue/South/2017/$141,700/-$0.00

PCG 5 LLC/3001/31/90-92 Farley Avenue/South/2018/$100,000/-$1,539.98

PCG 5 LLC/3001/31/90-92 Farley Avenue/South/2019/$100,000/-$1,568.34

Saint Clare Homes Properties, Inc./638/1.16/658 3rd Street/North/2014/$0/-$1,566.01

Saint Clare Homes Properties, Inc./638/1.16/658 3rd Street/North/2015/$0/-$1,671.05

Saint Clare Homes Properties, Inc./638/1.17/654-656 3rd Street/North/2014/$0/-$1,566.01

Saint Clare Homes Properties, Inc./638/1.17/654-656 3rd Street/North/2015/$0/-$1,671.05

Saint Clare Homes Properties, Inc./638/1.18/652 3rd Street/North/2014/$0/-$1,566.01

Saint Clare Homes Properties, Inc./638/1.18/652 3rd Street/North/2015/$0/-$1,671.05

St. Clare Homes Properties, Inc./638/1.24/641 4th Street/North/2014/$0/-$1,566.01

St. Clare Homes Properties, Inc./638/1.24/641 4th Street/North/2015/$0/-$1,671.05

St. Clare Homes Properties, Inc./638/1.25/643-645 4th Street/North/2014/$0/-$1,566.01

St. Clare Homes Properties, Inc./638/1.25/643-645 4th Street/North/2015/$0/-$1,671.05

Saint Clare Homes Properties, Inc./1919/16/180-182 Roseville Avenue/West/2014/$0/-$4,961.60

Saint Clare Homes Properties, Inc./1919/16/180-182 Roseville Avenue/West/2015/$0/-$5,294.40

Saint Clare Homes Properties, Inc./1919/18/176-178 Roseville Avenue/West/2014/$0/-$4,961.60

Saint Clare Homes Properties, Inc./1919/18/176-178 Roseville Avenue/West/2015/$0/-$5,294.40

Penn Federal Savings Bank/960/3/198 Jefferson Street/East/2015/$650,000/-$4,354.65.04

24 Commerce Street, LLC/145/19/24-30 Commerce Street/Central/2022/$13,726,500/-$0.00

24 Commerce Street, LLC/145/19/24-30 Commerce Street/Central/2023/$12,726,500/-$37,280.00

Friends of Marion P. Thomas School/3024/5/534-544 Clinton Avenue/South/2017/$167,000/$19,377.08

Brittany Harden; Eric Oleka/308/8/501 South 10th Street/Central/2022/$250,000/-$3,653.81

Broad Atlantic Assoc, LLC/24/40/516-532 Broad Street/Central/2021/$27,000,000/-$0.00

Elka Genud/1797/55/256-258 South 10th Street/West/2017/$200,000/-$3,410.48

Elka Genud/1797/55/256-258 South 10th Street/West/2018/$200,000/-$3,537.89

Elka Genud/1797/55/256-258 South 10th Street/West/2019/$200,000/-$3,603.04

Elka Genud/1797/55/256-258 South 10th Street/West/2020/$200,000/-$3,640.40

Elka Genud/1813/8/88 11th Avenue/West/2017/$200,000/-$3,844.80

Elka Genud/1813/8/88 11th Avenue/West/2018/$200,000/-$3,988.44

Elka Genud/1813/8/88 11th Avenue/West/2019/$200,000/-$4,061.88

Elka Genud/1813/8/88 11th Avenue/West/2020/$200,000/-$4,104.00

Elka Genud/3664/71/141 Mapes Avenue/South/2017/$180,000/-$3,392.68

Elka Genud/3664/71/141 Mapes Avenue/South/2018/$180,000/-$3,519.43

Elka Genud/3664/71/141 Mapes Avenue/South/2019/$180,000/-$3,584.23

Elka Genud/3664/71/141 Mapes Avenue/South/2020/$180,000/-$2,470.00     

Additional Information: 

Total refund of $ $559,091.22

 

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, July 2024 Refunds; 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, or his designee, 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, July 2024 Refunds, 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, July 2024 Refunds.