Resolution19-1663
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)
229 N. Grove Street LLC/327/50/478 S. 17th Street/West/$183,500/2016/-$1,162.72
229 N. Grove Street LLC/327/50/478 S. 17th Street/West/$183,500/2017/-$1,203.28
229 N. Grove Street LLC/327/50/478 S. 17th Street/West/$183,500/2018/-$1,248.23
Antos Lending Associates/322/18/427 South 18th Street/West/$209,700/2018/-$986.03
TBG Sterling Property LLC/4184/1/1141-1143 South Orange Avenue/West/$800,000/2018/-$1,698.78
Polymer Extruded Products/2045/62/297-311 Ferry Street/East/$2,000,000/2018/-$4,634.72
Dosutas, LLC/956/11.05/213 Oliver Street/East/$200,000/2018/-$391.46
539 Central Ave LLC/1856/37/539 Central Avenue/West/$200,000/2018/-$480.09
AT&T Corp. /3741/25/617-623 Frelinghuysen Ave/South/$210,000/2017/-$4,154.52
AT&T Corp. /3741/25/617-623 Frelinghuysen Ave/South/$210,000/2018/-$2,400.45
Revival Group LLC/772/43.03/278-280 Oraton Street/North/250,000/2016/-$2,710.72
278-280 Oraton St LLC/772/43.03/278-280 Oraton Street/North/250,000/2017/-$2,805.28
278-280 Oraton St LLC/772/43.03/278-280 Oraton Street/North/250,000/2018/-$2,910.08
Yurteri Properties LLC/851/41/139-151 Manchester Place/North/1,975,000/2013/-$6,842.10
Yurteri Properties LLC/851/41/139-151 Manchester Place/North/1,975,000/2014/-$7,185.02
Yurteri Properties LLC/851/41/139-151 Manchester Place/North/1,975,000/2015/-$7,666.95
Yurteri Properties LLC/851/41/139-151 Manchester Place/North/1,975,000/2016/-$7,970.48
Yurteri Properties LLC/851/41/139-151 Manchester Place/North/1,975,000/2017/-$8,248.52
Yurteri Properties LLC/851/41/139-151 Manchester Place/North/1,800,000/2018/-$15,019.43
ISUS (H&C Realty Assoc. LLC)/3791/112/590-638 Frelinghuysen Avenue/South/$7,810,600/2017/-$35,600
ISUS (H&C Realty Assoc. LLC)/3791/112/590-638 Frelinghuysen Avenue/South/$7,810,600/2018/-$36,930
ISUS (H&C Realty Assoc. LLC)/3791/112/590-638 Frelinghuysen Avenue/South/$7,500,000/2019/-$49,448.94
*ISUS (H&C Realty Assoc. LLC Refund apply as credit.
53-55 Hobson Street LLC/3065/39, 40/53-55 Hobson Street/South/$300,000/2019/-$6,119.81
*53-55 Hobson Street LLC Refund apply as credit.
Huang, Feng/631/5/55-63 Abington Avenue East/North/$365,000/2015/-$3,312.31
Huang, Feng/631/5/55-63 Abington Avenue East/North/$350,000/2016/-$3,959.44
Huang, Feng/631/5/55-63 Abington Avenue East/North/$325,000/2017/-$4,987.56
EKL Associates, LLC/2680/13/395-397 Clinton Avenue/South/$75,000/2017/-$1,459.60
EKL Associates, LLC/2680/13/395-397 Clinton Avenue/South/$75,000/2018/-$1,514.13
*EKL Associates, LLC Refund apply as credit.
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$341,700/2012/-$3,738.52
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$335,000/2013/-$0
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$335,000/2014/-$0
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$840,600/2015/-$0
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$840,600/2016/-$0
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$840,600/2017/-$0
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$840,600/2018/-$0
Mesar Properties, LLC/995/25.05/50-52 Elm Road/East/$800,000/2019/-$1,526.97
S&G Lopez, LLC/183/45/10-12 Bruen Street/East/$300,000/2014/-$1,510.19
S&G Lopez, LLC/183/45/10-12 Bruen Street/East/$300,000/2015/-$1,611.48
S&G Lopez, LLC/183/45/10-12 Bruen Street/East/$300,000/2014/-$1,675.28
*Property merged into Block 183 Lot 1 in 2016
S&G Lopez, LLC/183/46/8 Bruen Street/East/$168,800/2014/-$0
S&G Lopez, LLC/183/46/8 Bruen Street/East/$168,800/2015/-$0
S&G Lopez, LLC/183/46/8 Bruen Street/East/$168,800/2016/-$0
*Property merged into Block 183 Lot 1 in 2016
Additional Information:
Total Tax Difference: - $233,113.09 - Credits $131,072.48 = -$102,040.61
Invitation: Corporation Counsel
Introduced Oct 22, 2019· Finance