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)
Ferry Street Associates, LLC/2403/1/666-678 Ferry Street/East/2022/$536,100/-$5,189.30
Ferry Street Associates, LLC/2403/1/666-678 Ferry Street/East/2022/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2015/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2016/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2017/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2018/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2019/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2020/$63,900/-$0.00
Owen Loffredo, Contract Purchaser; Ferry Street Associates, LLC/2403/1/B01/666-678 Ferry Street/East/2021/$63,900/-$0.00
17 Elwood Place, LLC/733/9/17-21 Elwood Place/North/2022/$1,250,000/-$1,868.00
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2013/$342,600/-$0.00
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2014/$342,600/-$0.00
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2015/$342,600/-$0.00
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2016/$342,600/-$0.00
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/central/2017/$342,600/-$0.00
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2018/$309,000/-$1,240.85
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2019/$309,000/-$1,263.70
39 Bloomfield Ave. Realty, LLC/515/27/37-39 Bloomfield Avenue/Central/2020/$309,000/-$1,276.80
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2013/$456,200/-$0.00
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2014/$375,000/-$2,518.01
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2015/$375,000/-$2,686.91
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2016/$375,000/-$2,793.28
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2017/$375,000/-$2,890.72
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2018/$400,000/-$2,075.47
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2019/$400,000/-$2,113.68
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2020/$456,200/-$0.00
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2021/$456,200/-$0.00
Dominguez Brothers, Inc./1994/2/92-94 Ferguson Street/East/2022/$456,200/-$0.00
98-104 Murray Street, LLC/901/12/98-104 Murray Street/East/2017/$1,602,900/-$0.00
98-104 Murray Street, LLC/901/12/98-104 Murray Street/East/2018/$1,602,900/-$0.00
98-104 Murray Street, LLC/901/12/98-104 Murray Street/East/2019/$1,402,800/-$7,525.76
98-104 Murray Street, LLC/901/12/98-104 Murray Street/East/2020/$1,502,800/-$3,803.80
98-104 Murray Street, LLC/901/23/1154-1156 Broad Street/East/2017/$148,500/-$0.00
98-104 Murray Street, LLC/901/23/1154-1156 Broad Street/East/2018/$148,500/-$0.00
98-104 Murray Street, LLC/901/23/1154-1156 Broad Street/East/2019/$148,500/-$0.00
98-104 Murray Street, LLC/901/23/1154-1156 Broad Street/East/2020/$148,500/-$0.00
98-104 Murray Street, LLC/901/26/1150-1152 Broad Street/East/2017/$148,500/-$0.00
98-104 Murray Street, LLC/901/26/1150-1152 Broad Street/East/2018/$148,500/-$0.00
98-104 Murray Street, LLC/901/26/1150-1152 Broad Street/East/2019/$148,500/-$0.00
98-104 Murray Street, LLC/901/26/1150-1152 Broad Street/East/2020/$148,500/-$0.00
98-104 Murray Street, LLC/901/27/1148 Broad Street/East/2018/$418,800/-$0.00
98-104 Murray Street, LLC/901/27/1148 Broad Street/East/2019/$418,800/-$0.00
98-104 Murray Street, LLC/901/27/1148 Broad Street/East/2020/$418,800/-$0.00
98-104 Murray Street, LLC/901/28/1146- Broad Street/East/2017/$59,400/-$0.00
98-104 Murray Street, LLC/901/28/1146- Broad Street/East/2018/$59,400/-$0.00
98-104 Murray Street, LLC/901/28/1146- Broad Street/East/2019/$59,400/-$0.00
98-104 Murray Street, LLC/901/28/1146- Broad Street/East/2020/$59,400/-$0.00
98-104 Murray Street, LLC/901/29/1146 Broad Street/East/2017/$56,700/-$0.00
98-104 Murray Street, LLC/901/29/1146 Broad Street/East/2018/$56,700/-$0.00
98-104 Murray Street, LLC/901/29/1146 Broad Street/East/2019/$56,700/-$0.00
98-104 Murray Street, LLC/901/29/1146 Broad Street/East/2020/$56,700/-$0.00
98 Clinton, LLC/2826/1/98 Clinton Avenue/East/2019/$990,000/-$2,309.25
AMJS Development, Co./188/5/115-119 Ferry Street/East/2017/$3,105,000/-$0.00
AMJS Development, Co./188/5/115-119 Ferry Street/East/2018/$3,105,000/-$0.00
AMJS Development, Co./188/5/115-119 Ferry Street/East/2019/$3,105,000/-$0.00
AMJS Development, Co./188/5/115-119 Ferry Street/East/2020/$2,930,000/-$6,650.00
AMJS Development, Co./188/5/115-119 Ferry Street/East/2021/$2,730,000/-$14.94
AMJS Development, Co./188/5/115-119 Ferry Street/East/2022/$2,650,000/-$3,003.74
Beira, Corp/867/20/92 Green Street/East/2017/$14,600/-$0.00
Beira, Corp/867/20/92 Green Street/East/2018/$14,600/-$0.00
Beira, Corp/867/20/92 Green Street/East/2019/$14,600/-$0.00
Beira, Corp/867/20/92 Green Street/East/2020/$14,600/-$0.00
Beira, Corp/867/23/36-42 Columbia Street/East/2014/$1,515,700/-$0.00
Beira, Corp/867/23/36-42 Columbia Street/East/2015/$1,515,700/-$0.00
Beira, Corp/867/23/36-42 Columbia Street/East/2016/$1,515,700/-$0.00
Beira, Corp/867/23/36-42 Columbia Street/East/2017/$1,515,700/-$0.00
Beira, Corp/867/23/36-42 Columbia Street/East/2018/$1,250,000/-$9,812.30
Beira, Corp/867/23/36-42 Columbia Street/East/2019/$1,250,000/-$9,992.98
Beira, Corp/867/23/36-42 Columbia Street/East/2020/$1,250,000/-$10,096.60
Beira, Corp/867/23/36-42 Columbia Street/East/2021/$1,250,000/-$6,668.92
Beira, Corp/867/23/36-42 Columbia Street/East/2022/$1,250,000/-$6,672.50
CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/2022/$8,000,000/-$149,440.00
ERL Battery & Ignition, Co/94/3/26-30 William Street/Central/2018/$525,000/-$0.00
Essex-Newark Legal Services, Inc./144/3/728-730 Broad Street/Central/2020/$3,500,000/-$0.00
Essex-Newark Legal Services, Inc./144/3/728-730 Broad Street/Central/2021/$3,186,200/-$11,717.29
Essex-Newark Legal Services, Inc./144/3/728-730 Broad Street/Central/2022/$3,186,200/-$11,723.57
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2015/$490,000/-$1,859.66
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2016/$490,000/-$1,933.28
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2017/$490,000/-$2,000.72
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2018/$450,000/-$3,552.67
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2019/$450,000/-$3,618.08
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2020/$450,000/-$3,655.60
Genco Properties, LLC; Solorzano Properties, LLC/534/19(20)/181-183 Ridge Street/North/2021/$450,000/-$668.39
Lukoil North America, LLC/909/1/329-343 McCarter Highway/East/2014/$924,000/-$0.00
Lukoil North America, LLC/909/1/329-343 McCarter Highway/East/2019/$924,000/-$0.00
Lukoil North America, LLC/909/1/329-343 McCarter Highway/East/2020/$885,000/-$1,482.00
Lukoil North America, LLC/909/1/329-343 McCarter Highway/East/2021/$885,000/-$0.00
XTRT, LLC/174/50/112 Ferry Street/East/2014/$283,500/-$0.00
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2014/$1,208,700/-$0.00
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2015/$1,107,500/-$3,348.71
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2016/$1,107,500/-$3,481.28
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2017/$1,107,500/-$3,602.72
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2018/$1,107,500/-$0.00
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2019/$1,107,500/-$0.00
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2020/$850,000/-$0.00
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2021/$566,300/-$0.00
Prospect Realty Holdings, LLC/843/10(30)/183-205 Verona Avenue/North/2022/$566,300/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2014/$466,500/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2015/$466,500/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2016/$466,500/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2017/$466,500/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2018/$466,500/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2019/$466,500/-$44,511.44
Prospect Realty Holdings, LLC/843/25/865-879 Mount. Prospect Avenue/North/2020/$724,000/-$8,633.60
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2021/$988,800/-$0.00
Prospect Realty Holdings, LLC/843/25/865-879 Mount Prospect Avenue/North/2022/$988,800/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2014/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2015/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2016/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2017/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2018/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2019/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2020/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2021/$126,000/-$0.00
Prospect Realty Holdings, LLC/843/32/879 Mount Prospect Avenue Rear/North/2022/$126,000/-$0.00
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2014/$334,400/-$0.00
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2015/$334,400/-$0.00
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2016/$334,400/-$0.00
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2017/$334,400/-$0.00
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2018/$334,400/-$0.00
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2019/$300,000/-$1,293.78
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2020/$300,000/-$1,307.20
Patsy M. Giordano/2780/18/142-156 Frelinghuysen Avenue/South/2021/$300,000/-$1,284.50
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2014/$563,500/-$0.00
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2015/$563,500/-$0.00
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2016/$563,500/-$0.00
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2017/$563,500/-$0.00
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2018/$563,500/-$0.00
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2019/$508,000/-$2,087.36
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2020/$508,000/-$2,109.00
Patsy M. Giordano/2780/36/77-85 Stanton Street/South/2021/$508,000/-$2,072.37
MRJ Realty, LLC/4132/8(9)/787-783 Sandford Avenue/West/2015/$985,400/-$3,309.00
Doris Garcia/4032.01/2/170 Columbia Avenue/West/2014/$139,000/-$0.00
Doris Garcia/4032.01/2/170 Columbia Avenue/West/2015/$104,900/-$1,128.37
Doris Garcia/4032.01/2/170 Columbia Avenue/West/2018/$110,000/-$1,070.97
Doris Garcia/4032.01/2/170 Columbia Avenue/West/2019/$110,000/-$1,090.69
Doris Garcia/4032.01/2/170 Columbia Avenue/West/2020/$110,000/-$1,102.00
Rite Aid of NJ, Inc.; Walgreens, Co.#18252/1989/24/140-142 Ferry Street/East/2020/$1,915,000/-$3,800.00
Rite Aid of NJ, Inc.; Walgreens, Co.#18252/1989/24/140-142 Ferry Street/East/2021/$1,790,400/-$0.00
Rite Aid Corp. 3647-02; Walgreens, Co.; 1084-1092 Broad Street, LLC/897/1.01/1084-1092 Broad Street/East/2018/$4,500,000/-$17,364.49
Rite Aid Corp. 3647-02; Walgreens, Co.; 1084-1092 Broad Street, LLC/897/1.01/1084-1092 Broad Street/East/2019/$4,715,000/-$0.00
Rite Aid Corp. 3647-02; Walgreens, Co.; 1084-1092 Broad Street, LLC/897/1.01/1084-1092 Broad Street/East/2020/$4,500,000/-$8,170.00
1084-1092 Broad St. Urban Renewal LLC; Walgreens, Co.#19866/897/1.01/1084-1092 Broad Street/East/2021/$4,500,000/-$8,028.10
1084-1092 Broad St. Urban Renewal, LLC; Walgreens, Co.#19866/897/1.01/1084-1092 Broad Street/East/2022/$4,500,000/-$8,032.40
56 Park Place, LLC/125/9/56 Park Place/Central/2021/$990,000/-$12,848.69
56 Park Place, LLC/125/9/56 Park Place/Central/2022/$990,000/-$12,855.58
570 Third Street, LLC/1972/12/570-572 3rd Street/North/2016/$150,000/-$2,346.08
889 Broad Street I, LLC/93/14/889-893 Broad Street/Central/2022/$1,450,000/-$7,472.00
889 Broad Street I, LLC/93/14/889-893 Broad Street/Central/2023/$1,450,000/-$7,456.00
Assurance Ventures, LLC/3016.01/39/927 South 20th Street/South/2018/$250,000/-$768.14
Assurance Ventures, LLC/3016.01/39/927 South 20th Street/South/2019/$270,800/-$0.00
Assurance Ventures, LLC/3016.01/39/927 South 20th Street/South/2020/$270,800/-$0.00
Assurance Ventures, LLC/3016.01/39/927 South 20th Street/South/2021/$270,800/-$0.00
Paulo Moreira De Sousa/1178/25/217 Miller Street/East/2015/$90,200/-$0.00
Paulo Moreira De Sousa/1178/26/219 Miller Street/East/2015/$250,000/-$1,489.05
Paulo Moreira De Sousa/1178/26/219 Miller Street/East/2016/$250,000/-$1,548.00
Paulo Moreira De Sousa/1178/26/219 Miller Street/East/2017/$250,000/-$1,602.00
Paulo Moreira De Sousa/1178/26/219 Miller Street/East/2018/$254,700/-$0.00
Paulo Moreira De Sousa/1178/27/221 Miller Street/East/2015/$250,000/-$1,704.14
Paulo Moreira De Sousa/1178/27/221 Miller Street/East/2016/$250,000/-$1,771.60
Paulo Moreira De Sousa/1178/27/221 Miller Street/East/2017/$250,000/-$1,833.40
Paulo Moreira De Sousa/1178/27/221 Miller Street/East/2018/$260,600/-$18.47
Paulo Moreira De Sousa/1178/28/223 Miller Street/East/2015/$250,000/-$827.25
Paulo Moreira De Sousa/1178/28/223 Miller Street/East/2016/$250,000/-$860.00
Paulo Moreira De Sousa/1178/28/223 Miller Street/East/2017/$250,000/-$890.00
Paulo Moreira De Sousa/1178/28/223 Miller Street/East/2018/$234,700/-$0.00
RBH-TRB 89 Market, LLC/72/7/89-91 Market Street/East/2017/$2,116,100/-$0.00
RBH-TRB 89 Market, LLC/72/7/89-91 Market Street/East/2018/$2,116,100/-$0.00
RBH-TRB 89 Market, LLC/72/7/89-91 Market Street/East/2019/$1,850,000/-$0.00
RBH-TRB 89 Market, LLC/72/7/89-91 Market Street/East/2020/$1,775,000/-$2,850.00
RBH-TRB 89 Market, LLC/72/7/89-91 Market Street/East/2021/$1,775,000/-$2,800.50
RBH-TRB 89 Market, LLC/72/7/89-91 Market Street/East/2022/$1,775,000/-$2,802.00
RBH-TRB 65 Market, LLC/72/18(50)/65-67 Market Street/East/2017/$1,029,900/-$0.00
RBH-TRB 65 Market, LLC/72/18(50)/65-67 Market Street/East/2018/$1,029,900/-$0.00
RBH-TRB 65 Market, LLC/72/18(50)/65-67 Market Street/East/2019/$1,029,900/-$0.00
RBH-TRB 65 Market, LLC/72/18(50)/65-67 Market Street/East/2020/$954,900/-$2,850.00
RBH-TRB 65 Market, LLC/72/18(50)/65-67 Market Street/East/2021/$954,900/-$2,800.50
RBH-TRB 65 Market, LLC/72/18(50)/65-67 Market Street/East/2022/$954,900/-$2,802.00
RBH Market Street West, LLC/72/26(27)/306-308 University Avenue/Central/2018/$385,000/-$0.00
RBH Market Street West, LLC/72/26(27)/306-308 University Avenue/Central/2020/$335,000/-$1,900.00
RBH Market Street West, LLC/72/26(27)/306-308 University Avenue/Central/2021/$335,000/-$1,867.00
RBH Market Street West, LLC/72/26(27)/306-308 University Avenue/Central/2022/$335,000/-$1,868.00
RBH TRB 909 Broad LLC/93/19/899-901 Broad Street/Central/2018/$242,800/-$0.00
RBH TRB 909 Broad LLC/93/19/899-901 Broad Street/Central/2019/$242,800/-$0.00
RBH TRB 909 Broad LLC/93/19/899-901 Broad Street/Central/2020/$242,800/-$0.00
RBH TRB 909 Broad LLC/93/19/899-901 Broad Street/Central/2021/$242,800/-$0.00
RBH TRB 909 Broad LLC/93/19/899-901 Broad Street/Central/2022/$242,800/-$0.00
RBH TRB 909 Broad LLC/93/22/903-905 Broad Street/Central/2018/$1,833,100/-$0.00
RBH TRB 909 Broad LLC/93/22/903-905 Broad Street/Central/2019/$1,696,300/-$5,145.05
RBH TRB 909 Broad LLC/93/22/903-905 Broad Street/Central/2020/$1,696,300/-$5,198.40
RBH TRB 909 Broad LLC/93/22/903-905 Broad Street/Central/2021/$1,696,300/-$0.00
RBH TRB 909 Broad LLC/93/22/903-905 Broad Street/Central/2022/$1,696,300/-$0.00
RBH TRB 909 Broad LLC/93/24/907-913 Broad Street/Central/2018/$3,768,000/-$0.00
RBH TRB 909 Broad LLC/93/24/907-913 Broad Street/Central/2019/$3,473,400/-$11,079.91
RBH TRB 909 Broad LLC/93/24/907-913 Broad Street/Central/2020/$3,473,400/-$11,194.80
RBH TRB 909 Broad LLC/93/24/907-913 Broad Street/Central/2021/$3,473,400/-$0.00
RBH TRB 909 Broad LLC/93/24/907-913 Broad Street/Central/2022/$3,473,400/-$0.00
M&S of NJ, LLC/5005/22.01/157-169 Foundry Street/East/2018/$335,000/-$0.00
M&S of NJ, LLC/5005/22.01/157-169 Foundry Street/East/2019/$335,000/-$0.00
M. Foundry, LLC/5005/22.02/157-169 Foundry Street Rear/East/2018/$535,000/-$6,857.90
M. Foundry, LLC/5005/22.02/157-169 Foundry Street Rear/East/2019/$535,000/-$6,984.18
Maria Helena Gomes/1007/12/122-124 Gotthart Street/East/2016/$411,500/-$0.00
Maria Helena Gomes/1007/12/122-124 Gotthart Street/East/2018/$411,500/-$0.00
Maria Helena Gomes/1007/12/122-124 Gotthart Street/East/2019/$411,500/-$0.00
Maria Helena Gomes/1007/12/122-124 Gotthart Street/East/2020/$390,000/-$817.00
Maria Helena Gomes/1007/12/122-124 Gotthart Street/East/2021/$390,000/-$802.81
H&P Sterling Management, LLP/884/7/43 East Kinney Street/Central/2016/$357,800/-$0.00
H&P Sterling Management, LLP/884/7/43 East Kinney Street/Central/2017/$357,800/-$0.00
New Generation Development, LLC/1976/22/207 Elm Street/East/2017/$175,700/-$0.00
New Generation Development, LLC/1976/22/207 Elm Street/East/2018/$150,000/-$949.10
New Generation Development, LLC/1976/24/205 Elm Street/East/2017/$140,600/-$0.00
New Generation Development, LLC/1976/24/205 Elm Street/East/2018/$130,000/-$391.46
New Generation Development, LLC/1976/26/199-201 Elm Street/East/2017/$243,800/-$0.00
New Generation Development, LLC/1976/26/199-201 Elm Street/East/2018/$230,000/-$509.63
New Generation Development, LLC/1976/27/203 Elm Street/East/2017/$147,300/-$0.00
New Generation Development, LLC/1976/27/203 Elm Street/East/2018/$140,000/-$269.59
New Generation Development, LLC/962/14/208 Elm Street/East/2017/$169,900/-$0.00
New Generation Development, LLC/962/14/208 Elm Street/East/2018/$140,000/-$1,104.21
Niagara Street, LLC/147/46/C1310/111 Mulberry Street/East/2018/$125,000/-$738.60
Niagra Street, LLC/2038/7/44-46 Hensler Street/East/2018/$480,100/-$0.00
Niagra Street, LLC/2038/8/48 Hensler Street/East/2018/$550,000/-$923.25
184 Doremus, LLC/5011/16/184-188 Doremus Avenue/East/2022/$1,077,200/-$7,472.00
Additional Information:
Total credits: $550.215.04
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 2024 Credits; 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, March 2024 Credits, 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 the execution of a Stipulation of Settlement with regard to Tax Appeals on certain properties set forth in Schedule A, March 2024 Credits.