All Legislation
Resolution21-1709Adopted
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) 373 North 5th Street, LLC/1933/58/365 5th Street/West/2012/$73,900/-$0.00 373 North 5th Street, LLC/1933/58/365 5th Street/West/2013/$59,800/-$0.00 373 North 5th Street, LLC/1933/58/365 5th Street/West/2014/$59,800/-$0.00 373 North 5th Street, LLC/1933/59/367-371 5th Street/West/2012/$265,500/-$0.00 373 North 5th Street, LLC/1933/59/367-371 5th Street/West/2013/$400,000/-$1,231.40 373 North 5th Street, LLC/1933/59/367-371 5th Street/West/2014/$400,000/-$1,293.12 373 North 5th Street, LLC/1933/62/373-375 5th Street/West/2012/$496,800/-$0.00 373 North 5th Street, LLC/1933/62/373-375 5th Street/West/2013/$350,000/-$7,367.74 373 North 5th Street, LLC/1933/62/373-375 5th Street/West/2014/$350,000/-$7,737.00 1929/31/269 6th Avenue, West/Central/2014/$165,000/-$688.42 482/19/78-80 Broadway/Central/2013/$617,600/-$0.00 482/19/78-80 Broadway/Central/2014/$517,600/-$3,101.00 482/19/78-80 Broadway/Central/2015/$517,600/-$3,309.00 482/19/78-80 Broadway/Central/2016/$517,600/-$3,440.00 Edison University Properties LLC/20/19/92-94 Washington Street/Central/2014/$465,000/-$5,581.80 Edison University Properties LLC/20/19/92-94 Washington Street/Central/2015/$500,000/-$0.00 Edison University Properties LLC/20/19/92-94 Washington Street/Central/2016/$365,000/-$4,644.00 Ace Realty Apartments, LLC/336/19/537 South 18th Street/West/2016/$200,000/-$1,114.56 Ace Realty Apartments, LLC/336/19/537 South 18th Street/West/2017/$200,000/-$1,153.44 Tall Oak Builders, Inc./1986/18.02/115-121 Monroe Street/East/2014/$3,150,800/-$0.00 Tall Oak Builders, Inc./1986/18.02/115-121 Monroe Street/East/2015/$1,403,200/-$0.00 Tall Oak Builders, Inc./1986/18.02/115-121 Monroe Street/East/2016/$1,403,200/-$0.00 Tall Oak Builders, Inc./1986/18.02/115-121 Monroe Street/East/2017/$1,250,000/-$5,453.92 Shamrock Real Estate Inv Co/3754/14/49-55 Evergreen Avenue/South/2013/$318,600/-$0.00 Shamrock Real Estate Inv Co/3754/14/49-55 Evergreen Avenue/South/2014/$318,600/-$0.00 Shamrock Real Estate Inv Co/3754/14/49-55 Evergreen Avenue/South/2015/$295,300/-$771.00 Shamrock Real Estate Inv Co/3754/14/49-55 Evergreen Avenue/South/2016/$295,300/-$801.52 Shamrock Real Estate Inv Co/3754/14/49-55 Evergreen Avenue/South/2017/$289,100/-$1,050.20 Bracebridge Corp.; Bank of America; MC University Realty, LLC/73.01/31/52-82 Market Street/Central/2017/$20,330,200/-$0.00 Bracebridge Corp.; Bank of America; MC University Realty, LLC/75/17/40-52 Market Street/Central/2017/$12,061,700/-$0.00 195/40/C1207/61 New Jersey Railroad Avenue, #7/East/2014/$284,000/-$5,578.70 Seven Hills Properties/1996/1/588-602 Market Street/East/2014/$3,282,500/-$0.00 Seven Hills Properties/1996/1/588-602 Market Street/East/2015/$3,200,000/-$2,729.93 Seven Hills Properties/1996/1/588-602 Market Street/East/2016/$3,125,000/-$5,418.00 Seven Hills Properties/1996/1/588-602 Market Street/East/2017/$3,000,000/-$10,057.00 Seven Hills Properties/1996/1/588-602 Market Street/East/2018/$2,830,900/-$16,677.59 1850/22/465 Central Avenue/West/2013/$425,000/-$6,812.57 Integ Enterprise Consulting, Inc./126/53/36-38 Park Street/Central/2014/$861,400/-$0.00 Integ Enterprise Consulting, Inc./126/53/36-38 Park Street/Central/2015/$688,500/-$5,721.26 Integ Enterprise Consulting, Inc./126/53/36-38 Park Street/Central/2016/$688,500/-$5,947.76 Integ Enterprise Consulting, Inc./126/53/36-38 Park Street/Central/2017/$688,500/-$6,155.24 International Longshoremen Association Local No. 1233 Building/2630/29/731-733 South 10th Street/South/2014/$500,000/-$13,526.56 International Longshoremen Association Local No. 1233 Building/2630/29/731-733 South 10th Street/South/2015/$500,000/-$14,433.86 International Longshoremen Association Local No. 1233 Building/2630/29/731-733 South 10th Street/South/2016/$500,000/-$15,005.28 International Longshoremen Association Local No. 1233 Building/2630/29/731-733 South 10th Street/South/2017/$500,000/-$15,528.72 Oak Style Developers LLC/3593/16/913-915 Bergen Street/South/2012/$40,000/-$283.06 Oak Style Developers LLC/3593/17/917 Bergen Street/South/2012/$15,000/-$386.62 Star Partner Enterprises Two LLC; FQSR, LLC D/B/A KBP Foods(Tenant of Bergen St., LLC)/260/1.03/119-129 Bergen Street/ West/2015/$1,185,200/-$0.00 Star Partner Enterprises Two LLC; FQSR, LLC D/B/A KBP Foods(Tenant of Bergen St., LLC)/260/1.03/119-129 Bergen Street/ West/2016/$985,200/-$6,880.00 Star Partner Enterprises Two LLC; FQSR, LLC D/B/A KBP Foods(Tenant of Bergen St., LLC)/260/1.03/119-129 Bergen Street/ West/2017/$985,200/-$7,120.00 Star Partner Enterprises Two LLC; FQSR, LLC D/B/A KBP Foods(Tenant of Bergen St., LLC)/260/1.03/119-129 Bergen Street/ West/2018/$985,200/-$7,386.00 627/17/441-443 Mount Prospect Avenue/North/2014/$665,400/-$5,336.82 627/17/441-443 Mount Prospect Avenue/North/2015/$665,400/-$5,694.79 Community Asset Pres. Corp./116/42/419-421 Halsey Street/Central/2016/$500,000/-$2,438.96 Community Asset Pres. Corp./116/42/419-421 Halsey Street/Central/2017/$500,000/-$2,524.04 Community Asset Pres. Corp./116/42/419-421 Halsey Street/Central/2018/$450,000/-$4,464.84 First National State Bank of NJ/594/6/416-422 Bloomfield Avenue/North/2013/$3,195,000/-$8,147.33 First National State Bank of NJ/594/6/416-422 Bloomfield Avenue/North/2014/$3,195,000/-$8,555.66 First National State Bank of NJ/594/6/416-422 Bloomfield Avenue/North/2015/$3,195,000/-$9,129.53 First National State Bank of NJ/594/6/416-422 Bloomfield Avenue/North/2016/$3,195,000/-$9,490.96 First National State Bank of NJ/594/6/416-422 Bloomfield Avenue/North/2017/$3,195,000/-$9,822.04 First National State Bank of NJ/594/6/416-422 Bloomfield Avenue/North/2018/$2,800,000/-$0.00 First Fidelity Bank/534/9/614 Bloomfield Avenue/North/2013/$1,586,000/-$0.00 First Fidelity Bank/534/9/614 Bloomfield Avenue/North/2014/$1,586,000/-$0.00 First Fidelity Bank/534/9/614 Bloomfield Avenue/North/2015/$1,500,000/-$2,845.74 First Fidelity Bank/534/9/614 Bloomfield Avenue/North/2016/$1,500,000/-$2,958.40 First Fidelity Bank/534/9/614 Bloomfield Avenue/North/2017/$1,400,000/-$6,621.60 First Fidelity Bank/534/9/614 Bloomfield Avenue/North/2018/$1,400,000/-$0.00 First National State Bank of N.J./4114/4(5)/988-990 South Orange Avenue/West/2013/$3,000,000/-$5,953.25 First National State Bank of N.J./4114/4(5)/988-990 South Orange Avenue/West/2014/$3,000,000/-$6,251.62 First National State Bank of N.J./4114/4(5)/988-990 South Orange Avenue/West/2015/$3,000,000/-$6,670.94 First National State Bank of N.J./4114/4(5)/988-990 South Orange Avenue/West/2016/$3,000,000/-$6,935.04 First National State Bank of N.J./4114/4(5)/988-990 South Orange Avenue/West/2017/$3,000,000/-$7,176.96 First National State Bank of N.J./4114/4(5)/988-990 South Orange Avenue/West/2018/$2,500,000/-$25,053.31 Bergen Holdings LLC/3667/1(2,3)/955-959 Bergen Street/South/2016/$710,000/-$2,580.00 Bergen Holdings LLC/3667/1(2,3)/955-959 Bergen Street/South/2017/$710,000/-$2,670.00 Newark Farmers Market/2423/1/54-88 Cornelia Street/East/2013/$1,335,700/-$0.00 Newark Farmers Market/2423/1/54-88 Cornelia Street/East/2014/$4,435,000/-$13,414.93 Newark Farmers Market/2423/1/54-88 Cornelia Street/East/2015/$4,000,000/-$10,307.54 Aetna Realty Financial Corp./4041.01/3/910-920 18th Avenue/West/2013/$730,800/-$0.00 Aetna Realty Financial Corp./4041.01/3/910-920 18th Avenue/West/2014/$690,000/-$1,265.21 Aetna Realty Financial Corp./4041.01/3/910-920 18th Avenue/West/2015/$690,000/-$1,350.07 Aetna Realty Financial Corp./4041.01/3/910-920 18th Avenue/West/2016/$690,000/-$1,403.52 Aetna Realty Financial Corp./4041.01/3/910-920 18th Avenue/West/2017/$670,000/-$2,164.48 Aetna Realty Financial Corp./4041.01/47/904-908 18th Avenue/West/2013/$197,300/-$0.00 Aetna Realty Financial Corp./4041.01/47/904-908 18th Avenue/West/2014/$185,000/-$381.42 Aetna Realty Financial Corp./4041.01/47/904-908 18th Avenue/West/2015/$185,000/-$407.01 Aetna Realty Financial Corp./4041.01/47/904-908 18th Avenue/West/2016/$185,000/-$423.12 Aetna Realty Financial Corp./4041.01/47/904-908 18th Avenue/West/2017/$180,000/-$615.88 AP Newark Chancellor LLC/3701.01/28/129-149 Chancellor Avenue/South/2014/$2,150,000/-$4,651.50 AP Newark Chancellor LLC/3701.01/28/129-149 Chancellor Avenue/South/2015/$2,150,000/-$4,963.50 AP Newark Chancellor LLC/3701.01/28/129-149 Chancellor Avenue/South/2016/$2,150,000/-$5,160.00 613 Park Ave Corp./628/5/485-491 Mount Prospect Avenue/North/2017/$307,300/-$0.00 613 Park Ave Corp./628/5/485-491 Mount Prospect Avenue/North/2018/$275,000/-$1,192.84 116/26/30 West Kinney Street/Central/2013/$475,200/-$0.00 116/26/30 West Kinney Street/Central/2014/$475,200/-$0.00 116/26/30 West Kinney Street/Central/2015/$400,000/-$2,488.37 116/26/30 West Kinney Street/Central/2016/$400,000/-$2,586.88 116/26/30 West Kinney Street/Central/2017/$400,000/-$2,677.12 116/26/30 West Kinney Street/Central/2018/$375,000/-$3,700.39 Additional Information: Total tax refund: 394,861.88
Progress
✓
Introduced
Nov 16, 2021
✓
In Committee
Jan 5, 2022
✓
Passed
Jan 5, 2022
4
Enacted