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)
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/20/36-38 Haynes Avenue/South/2016/$185,300(Exemption)-$6,374.32
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/20/36-38 Haynes Avenue/South/2017/$185,300(Exemption)-$6,596.68
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/22/40-60 Haynes Avenue/South/2016/$430,000(Exemption)/-$18,232.00
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/22/40-60 Haynes Avenue/South/2017/$430,000(Exemption)/-$18,868.00
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/30/23-33 Fenwick Street/South/2016/$579,000(Exemption)/-$19,917.60
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/30/23-33 Fenwick Street/South/2017/$579,000(Exemption)/-$20,612.40
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/36/19-21 Fenwick Street/South/2016/$737,700(Exemption)-$25,376.88
Father Flanagan's Boys Home/Greenbranch Recovery, LLC/3510.01/36/19-21 Fenwick Street/South/2017/$737,700(Exemption)-$26,237.20
Additional Information:
Total tax appeal refunds -$142.215.08
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, March 2022 Refund; 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, and/or his designee, DeCotiis, FitzPatrick, Cole and Giblin, LLP, as Outside Counsel, that these settle...
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