Resolution16-1797
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)
B&J Parking Lot/29-39 River Street/137.01/120/Central/$445,000/2014/-$983.02
B&J Parking Lot/29-39 River Street/137.01/120/Central/$445,000/2015/-$1,048.95
1292 McCarter, LLC/1292-1298 McCarter Highway/436/1/Central/$1,500,000/2013/-$14,620.30
1292 McCarter, LLC/1292-1298 McCarter Highway/436/1/Central/$1,500,000/2014/-$15,353.05
1292 McCarter, LLC/1292-1298 McCarter Highway/436/1/Central/$1,500,000/2015/-$16,382.86
1292 McCarter, LLC/1292-1298 McCarter Highway/436/1/Central/$1,250,000/2016/-$24,655.36
433 Adams St., LLC/433-435 Adams Street/1147.01/25.07/East/$241,300/2012/-$3,634.96
433 Adams St., LLC/437-441 Adams Street/1147.01/25.08/East/$193,700/2012/-$3,452.00
433 Adams St., LLC/452-454 Adams Street/1147.01/10.03/East/$495,200/2012/$0.00
37 Branford Place Assoc. /37-57 Branford Place/60/51/Central/$1,045,200/2011/-$9,810.94
37 Branford Place Assoc. /37-57 Branford Place/60/51/Central/$1,045,200/2012/-$10,176.50
37 Branford Place Assoc. /37-57 Branford Place/60/51/Central/$1,546,100/2013/-$3,682.39
Properties Cousins, LLC/190-196 Frelinghuysen Avenue/2755/6/South/$910,000/2014/-$6,512.10
Properties Cousins, LLC/190-196 Frelinghuysen Avenue/2755/6/South/$910,000/2015/-$6,948.90
Garden State Cold Storage, Inc. /117-131 Avenue L/5030/15.01/East/$1,500,000/2013/-$12,966.62
Garden State Cold Storage, Inc. /117-131 Avenue L/5030/15.01/East/$1,500,000/2014 (F)/-$13,616.49
Garden State Cold Storage, Inc. /117-131 Avenue L/5030/15.01/East/$1,500,000/2015 (F)/-$14,529.82
Grace Casey Associates, LLC/609-613 3rd Street/601/14/North/$330,400/2012/-$2,506.15
Grace Casey Associates, LLC/609-613 3rd Street/601/14/North/$353,700/2013/$0.00
Grace Casey Associates, LLC/615-623 3rd Street/601/15/North/$525,700/2012/-$3,969.80
Grace Casey Associates, LLC/615-623 3rd Street/601/15/North/$838,200/2013/$0.00
Harbor Real Estate Management/20-24 Woodside Place/610/41/North/$260,700/2013/$0.00
Harbor Real Estate Management/20-24 Woodside Place/610/41/North/$220,000/2014/-$1,262.11
Hopewell Urban Renewal/725-731 Elizabeth Avenue/3681/1/South/$375,000/2014/-$2,121.08
Nompes Corp. of NJ/95 Broadway/442/39/Central/$221,900/2010/-$5,234.28
Nompes Corp. of NJ/95 Broadway/442/39/Central/$221,900/2011/-$5,477.89
Melissa Realty, LLC/95 Broadway/442/39/Central/$328,000/2012/-$6,904.00
Melissa Realty, LLC/95 Broadway/442/39/Central/$335,000/2013/-$1,201.87
Melissa Realty, LLC/95 Broadway/442/39/Central/$335,000/2014/-$1,262.11
Nompes Corp of NJ (Merged into Lot 39 in 2011)/251 Broad Street/442/17/Central/$80,200/2010/-$1,949.34
Nompes Corp of NJ (Merged into Lot 39 in 2011)/251 Broad Street/442/17/Central/$80,200/2011/-$2,040.06
Nompes Corp of NJ/101 Broadway/442/42/Central/$88,000/2010/-$540.60
Nompes Corp of NJ/101 Broadway/442/42/Central/$88,000/2011/-$565.76
Nompes Corp of NJ/101 Broadway/442/42/Central/$88,000/2012/-$586.84
Nompes Corp of NJ/101 Broadway/442/42/Central/$161,000/2013/-$1,027.64
Federal Storage Warehouse/567-589 Wilson Avenue/5020/78/East/$2,475,200/2010/$0.00
Federal Storage Warehouse/567-589 Wilson Avenue/5020/78/East/$2,150,000/2011/-$10,822.66
Federal Storage Warehouse/567-589 Wilson Avenue/5020/78/East/$2,150,000/2012/-$11,225.90
Hallmark Properties/937-953 Broad Street/106/1/Central/$23,000,000/2013/-$29,530.00
Hallmark Properties/937-953 Broad Street/106/1/Central/$23,000,000/2014/-$31,010.00
Hallmark Properties/937-953 Broad Street/106/1/Central/$22,500,000/2015/-$49,635.00
US Realty Financial Corp/558-560 Broad Street/14/7/Central/$3,250,000/2013/-$16,256.27
US Realty Financial Corp/558-560 Broad Street/14/7/Central/$3,000,000/2014/-$24,823.51
US Realty Financial Corp/558-560 Broad Street/14/7/Central/$2,750,000/2015/-$34,761.05
US Realty Financial Corp/558-560 Broad Street/14/7/Central/$2,000,000/2016/-$59,578.55
Peter Weiss/52 Ridgewood Avenue/2677/15.03/Central/$240,700/2011/-$3,241.47
Wildcat Partners, LLC/293 Chestnut Street/955/66/East/$197,400/2012/-$1,035.60
Deutsche Bank National Trust c/o Winans Ave, LLC/37 Winans Avenue/2612/24/Central/$95,000/2011/-$1,517.57
37 Winans Ave, LLC/37 Winans Avenue/2612/24/Central/$95,000/2012/-$1,574.11
MDJTK Holding, LLC/802-814 Bergen Street/2712/1/South/$5,430,600/2012/$0.00
MDJTK Holding, LLC/802-814 Bergen Street/2712/1/South/$6,724,800/2013/$0.00
MDJTK Holding, LLC/802-814 Bergen Street/2712/1/South/$6,500,000/2014/-$6,971.05
MDJTK Holding, LLC/802-814 Bergen Street/2712/1/South/$6,000,000/2015/-$23,983.63
MDJTK Holding, LLC/802-814 Bergen Street/2712/1/South/$6,000,000/2016/-$23,983.63
MDJTK Holding, LLC/337-341 Badger Avenue/2715/20/South/$91,400/2012/$0.00
MDJTK Holding, LLC/337-341 Badger Avenue/2715/20/South/$101,500/2013/$0.00
MDJTK Holding, LLC/337-341 Badger Avenue/2715/20/South/$101,500/2014/$0.00
MDJTK Holding, LLC/337-341 Badger Avenue/2715/20/South/$101,500/2015/$0.00
MDJTK Holding, LLC/337-341 Badger Avenue/2715/20/South/$101,500/2016/$0.00
153 Halsey Urban Renewal (Hartz Mountain Ind. Inc.)/147-159 Halsey Street/62/1.02/C2/Central/$6,000,000/2010/
-$17,273.76
153 Halsey Urban Renewal (Hartz Mountain Ind. Inc.)/147-159 Halsey Street/62/1.02/C2/Central/$6,210,400/2011/
-$11,075.58
153 Halsey Urban Renewal (Hartz Mountain Ind. Inc.)/147-159 Halsey Street/62/1.02/C2/Central/$6,292,800/2012/
-$8,643.81
Amohmensah, Felix/237-239 Badger Avenue/2691/57.21/South/$295,000/2011/-$3,214.85
Forest Hill Medical Realty Group/461-467 Mt. Prospect Avenue/627/27/North/$1,289,900/2009/-$10,191.82
Forest Hill Medical Realty Group/461-467 Mt. Prospect Avenue/627/27/North/$1,289,990/2010/-$6,318.98
Forest Hill Medical Realty Group/461-467 Mt. Prospect Avenue/627/27/North/$1,289,900/2011/-$6,616.06
Forest Hill Medical Realty Group/461-467 Mt. Prospect Avenue/627/27/North/$1,321,600/2014/$0.00
Lyma 5, LLC/50 North 6th Street/1874/13/West/$128,000/2012/-$1,643.15
Global Protein Foods, Inc. /190-212 Magazine Street/2067/1/East/$2,350,000/2012/-$13,324.72
Sherman Ave Realty Assoc., LLC/258-272 Sherman Avenue/2762/17/South/$1,004,800/2009/-$11,268.25
Sherman Ave Realty Assoc., LLC/258-272 Sherman Avenue/2762/17/South/$1,004,800/2010/-$13,082.52
Sherman Ave Realty Assoc., LLC/258-272 Sherman Avenue/2762/17/South/$950,000/2011/-$10,772.74
Sherman Ave Realty Assoc., LLC/258-272 Sherman Avenue/2762/17/South/$950,000/2012/-$11,174.12
Sherman Ave Realty Assoc., LLC/258-272 Sherman Avenue/2762/17/South/$716,500/2013/$0.00
Sherman Ave Realty Assoc., LLC/55-59 Branford Street/2762/9/South/$79,700/2009/$0.00
Sherman Ave Realty Assoc., LLC/55-59 Branford Street/2762/9/South/$79,700/2010/$0.00
Sherman Ave Realty Assoc., LLC/55-59 Branford Street/2762/9/South/$79,700/2011/$0.00
Sherman Ave Realty Assoc., LLC/55-59 Branford Street/2762/9/South/$79,700/2012/$0.00
Sherman Ave Realty Assoc., LLC/55-59 Branford Street/2762/9/South/$88,500/2013/$0.00
McDonald's/920-934 Frelinghuysen Avenue/3775/53/South/$1,148,000/2009/$0.00
McDonald's/920-934 Frelinghuysen Avenue/3775/53/South/$800,000/2010/-$11,066.40
McDonald's/920-934 Frelinghuysen Avenue/3775/53/South/$800,000/2011/-$11,581.44
McDonald's/920-934 Frelinghuysen Avenue/3775/53/South/$800,000/2012/-$12,012.96
McDonald's/920-934 Frelinghuysen Avenue/3775/53/South/$1,475,400/2013/$0.00
McDonald's/920-934 Frelinghuysen Avenue/3775/53/South/$1,230,700/2014/$0.00
B&M Real Estate aka Neves & Rodrigues/189-213 South Street/1162/1.01/East/$354,900/2009/-$36,461.57
B&M Real Estate aka Neves & Rodrigues/189-213 South Street/1162/1.01/East/$354,900/2010 (F)/-$42,332.16
B&M Real Estate aka Neves & Rodrigues/189-213 South Street/1162/1.01/East/$354,900/2011 (F)/-$44,302.34
B&M Real Estate aka Neves & Rodrigues/50-52 Dawson Street/1162/1.03/East/$143,100/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/50-52 Dawson Street/1162/1.03/East/$143,100/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/50-52 Dawson Street/1162/1.03/East/$143,100/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/223-225 Thomas Street/1162/1.04/East/$60,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/223-225 Thomas Street/1162/1.04/East/$60,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/223-225 Thomas Street/1162/1.04/East/$60,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/227 Thomas Street/1162/1.05/East/$60,300/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/227 Thomas Street/1162/1.05/East/$60,300/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/227 Thomas Street/1162/1.05/East/$60,300/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/229 Thomas Street/1162/1.06/East/$60,300/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/229 Thomas Street/1162/1.06/East/$60,300/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/229 Thomas Street/1162/1.06/East/$60,300/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/231 Thomas Street/1162/1.07/East/$60,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/231 Thomas Street/1162/1.07/East/$60,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/231 Thomas Street/1162/1.07/East/$60,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/233-235 Thomas Street/1162/1.08/East/$170,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/233-235 Thomas Street/1162/1.08/East/$170,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/233-235 Thomas Street/1162/1.08/East/$170,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/237 Thomas Street/1162/1.09/East/$60,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/237 Thomas Street/1162/1.09/East/$60,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/237 Thomas Street/1162/1.09/East/$60,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/239-241 Thomas Street/1162/1.10/East/$67,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/239-241 Thomas Street/1162/1.10/East/$67,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/239-241 Thomas Street/1162/1.10/East/$67,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/243-249 Thomas Street/1162/1.11/East/$475,200/2009/-$2,651.35
B&M Real Estate aka Neves & Rodrigues/243-249 Thomas Street/1162/1.11/East/$475,200/2010 (F)/-$3,078.24
B&M Real Estate aka Neves & Rodrigues/243-249 Thomas Street/1162/1.11/East/$475,200/2011 (F)/-$3,221.50
B&M Real Estate aka Neves & Rodrigues/251-253 Thomas Street/1162/1.12/East/$60,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/251-253 Thomas Street/1162/1.12/East/$60,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/251-253 Thomas Street/1162/1.12/East/$60,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/255 Thomas Street/1162/1.13/East/$60,500/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/255 Thomas Street/1162/1.13/East/$60,500/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/255 Thomas Street/1162/1.13/East/$60,500/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/257-259 Thomas Street/1162/1.14/East/$65,700/2009/-$2,656.83
B&M Real Estate aka Neves & Rodrigues/257-259 Thomas Street/1162/1.14/East/$65,700/2010 (F)/-$3,084.60
B&M Real Estate aka Neves & Rodrigues/257-259 Thomas Street/1162/1.14/East/$65,700/2011 (F)/-$3,228.16
B&M Real Estate aka Neves & Rodrigues/1162/1.01-1.14/East/$1,600,000/2012/-$46,992.08
Bella Realty Co., LLC/439-451 Frelinghuysen Avenue/3542/12/South/$1,262,200/2013/$0.00
Bella Realty Co., LLC/439-451 Frelinghuysen Avenue/3542/12/South/$1,155,000/2014/-$3,324.27
Bella Realty Co., LLC/439-451 Frelinghuysen Avenue/3542/12/South/$1,100,000/2015/-$5,367.20
Bella Realty Co., LLC/429-433 Frelinghuysen Avenue/3542/8/South/$600,000/2014/-$22,525.66
Bella Realty Co., LLC/429-433 Frelinghuysen Avenue/3542/8/South/$600,000/2015/-$24,036.58
Additional Information:
Total Tax Difference: -$1,017,193.38
Invitation: Corporation Counsel, December 20, 2016
Introduced Nov 23, 2016· Finance