All Legislation
Resolution25-0908Adopted

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) 186 Market Street, LLC/164/13(Merged into L14 in 2022)/186-188 Market Street/East/2017/$750,000/-$12,937.04 186 Market Street, LLC/164/13(Merged into L14 in 2022)/186-188 Market Street/East/2018/$750,000/-$13,420.36 186 Market Street, LLC/164/13(Merged into L14 in 2022)/186-188 Market Street/East/2019/$750,000/-$13,667.47 191-193 Wilson Ave., LLC; Thomas E. Buccine/2080/59/191-193 Wilson Avenue/East/2017/$346,500/-$2,848.00 191-193 Wilson Ave., LLC; Thomas E. Buccine/2080/59/191-193 Wilson Avenue/East/2018/$346,500/-$2,954.40 191-193 Wilson Ave., LLC; Thomas E. Buccine/2080/59/191-193 Wilson Avenue/East/2019/$346,500/-$3,008.80 33 Maple, LLC/3712/1/33-47 Maple Avenue/South/2017/$0/-$767,425.64 653 Mt. Prospect Ave., LLC/736/33(35)/651-655 Mt. Prospect Avenue/ North/2023/$1,850,000/-$14,747.97 653 Mt. Prospect Ave., LLC/736/33(35)/651-655 Mt. Prospect Avenue/ North/2024/$1,450,000/-$30,256.67 Green Formosa Partners/195/40/C1207/61 NJRR Avenue #7/East/2015/$350,000/-$7,607.39 Green Formosa Partners/195/40/C1207/61 NJRR Avenue #7/East/2016/$400,000/-$6,188.56 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2017/ $1,250,000/-$26,525.56 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2018/ $1,100,000/-$5,539.50 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2019/ $1,100,000/-$5,641.50 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2020/ $1,100,000/-$5,700.00 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2021/ $1,100,000/-$5,601.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2013/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2014/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2015/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East /2016/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2017/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East /2018/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2019/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2020/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2021/$12,000,000/-$255,121.82 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2019/$650,000/-$0.00 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2020/$650,000/-$0.00 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2021/$450,000/-$7,468.00 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2022/$450,000/-$7,472.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2013/$1,300,700/-$2,953.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2014/$1,300,700/-$3,101.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2015/$1,300,700/-$3,309.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2016/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2017/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2018/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2019/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2020/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2021/$1,400,700/-$0.00 154 Chadwick Green, LLC/3021/13/261 Chadwick Avenue/South/2014 $153,700/-$0.00 154 Chadwick Green, LLC/3021/13/261 Chadwick Avenue/South/2015/ $153,700/-$0.00 154 Chadwick Green, LLC/3021/13/261 Chadwick Avenue/South/2016/ $125,000/-$987.28 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2014/$757,000/-$0.00 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2015/$757,400/-$0.00 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2016/$552,500/-$7,048.56 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2017/$552,500/-$7,294.44 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2018/$552,500/-$7,566.96 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2019/$500,000/-$9,680.81 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2020/$500,000/-$9,781.20 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2013/$1,199,900/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2014/$1,050,000/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2015/$1,050,000/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2016/$1,050,000/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2017/$951,000/-$3,524.40 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2018/$951,000/-$3,656.07 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2019/$951,000/-$3,723.39 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2020/$951,000/-$3,762.00 LT Associates, LLC/258/20/116 Littleton Avenue/West/2016/$20,000/-$216.72 LT Associates, LLC/258/20/116 Littleton Avenue/West/2017/$20,000/-$224.28 LT Associates, LLC/258/20/116 Littleton Avenue/West/2018/$20,000/-$0.00 LT Associates, LLC/258/20/116 Littleton Avenue/West/2019/$20,000/-$0.00 LT Associates, LLC/258/20/116 Littleton Avenue/West/2020/$20,000/-$0.00 LT Associates, LLC/266/26/404 South 11th Street/West/2016/$20,000/-$347.44 LT Associates, LLC/266/26/404 South 11th Street/West/2017/$20,000/-$359.56 LT Associates, LLC/266/26/404 South 11th Street/West/2018/$20,000/-$0.00 LT Associates, LLC/266/26/404 South 11th Street/West/2019/$20,000/-$0.00 LT Associates, LLC/266/26/404 South 11th Street/West/2020/$20,000/-$0.00 LT Associates, LLC/333/54/510 South 16th Street/West/2016/$20,000/-$378.40 LT Associates, LLC/333/54/510 South 16th Street/West/2017/$20,000/-$391.60 LT Associates, LLC/333/54/510 South 16th Street/West/2018/$20,000/-$0.00 LT Associates, LLC/333/54/510 South 16th Street/West/2019/$20,000/-$0.00 LT Associates, LLC/333/54/510 South 16th Street/West/2020/$20,000/-$0.00 LT Associates, LLC/333/65/532-536 South 16th Street/West/2016/$30,000/-$223.60 LT Associates, LLC/333/65/532-536 South 16th Street/West/2017/$30,000/-$231.40 LT Associates, LLC/333/65/532-536 South 16th Street/West/2018/$30,000/-$0.00 LT Associates, LLC/333/65/532-536 South 16th Street/West/2019/$30,000/-$0.00 LT Associates, LLC/333/65/532-536 South 16th Street/West/2020/$30,000/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2016/ $3,095,900/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2018/ $3,095,900/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2019/ $3,233,300/-$17,398.39 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2020/ $3,233,300/-$17,578.80 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2021/ $3,695,900/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2022/ $3,233,300/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2023/ $3,233,300/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2014/$972,800/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2015/$972,800/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2016/$972,800/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2017/$900,000/-$2,591.68 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2018/$900,000/-$2,688.50 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2019/$900,000/-$2,738.01 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2020/$900,000/-$2,766.40 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2019/$1,528,600/-$6,999.22 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2020/$1,528,600/-$7,071.80 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2021/$1,528,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2022/$1,528,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2023/$1,528,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2024/$1,368,100/-$6,103.82 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2019/$322,200/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2020/$322,200/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2021/$322,200/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2022/$313,500/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2023/$313,500/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2024/$313,500/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2015/$1,628,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2016/$1,628,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2017/$1,350,000/-$9,918.16 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2018/$1,350,000/-$10,288.70 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2019/$1,350,000/-$10,478.15 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2020/$1,350,000/-$10,586.80 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2021/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2022/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2023/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2024/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2015/$3,095,700/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2016/$3,095,700/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2017/$2,650,000/-$15,866.92 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2018/$2,650,000/-$16,459.70 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2019/$2,650,000/-$16,762.78 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2020/$2,650,000/-$16,936.60 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2021/$2,500,000/-$8,435.11 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2022/$2,500,000/-$8,439.62 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2023/$2,500,000/-$8,421.55 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2024/$2,500,000/-$8,590.98 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2015/ $2,000,200/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2016/ $2,000,200/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2017/ $1,800,000/-$7,127.12 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2018/ $1,700,000/-$11,086.39 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2019/ $1,700,000/-$11,290.52 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2020/ $1,700,000/-$11,407.60 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2021/ $1,779,900/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2022/ $1,779,900/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2023/ $1,779,900/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2024/ $1,500,000/-$10,644.60 Additional Information: Total credits: $1,521,570.71

Progress

Introduced

Jun 17, 2025

In Committee

Oct 1, 2025

Passed

Oct 1, 2025

4

Enacted