Resolution13-0019
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)
279 Management, LLC/279-285 Mount Prospect Avenue/559/45/North/$2,040,000/2010/-$17,490.00
279 Management, LLC/279-285 Mount Prospect Avenue/559/45/North/$2,040,000/2011/-$18,304.00
279 Management, LLC/279-285 Mount Prospect Avenue/559/45/North/$2,040,000/2012/-$18,986.00
Ace Tool & Manufacturing Co., Inc./528-532 Mulberry Street/1181/1/East/$474,000/2009/-$1,763.92
Ace Tool & Manufacturing Co., Inc./528-532 Mulberry Street/1181/1/East/$474,000/2010/-$2,047.92
Ace Tool & Manufacturing Co., Inc./528-532 Mulberry Street/1181/1/East/$474,000/2011/-$2,143.23
Ace Tool & Manufacturing Co., Inc./166-170 Emmet Street/1181/51/East/$217,500/2009/$0.00
Ace Tool & Manufacturing Co., Inc./166-170 Emmet Street/1181/51/East/$217,500/2010/$0.00
Ace Tool & Manufacturing Co., Inc./166-170 Emmet Street/1181/51/East/$217,500/2011/$0.00
Albarracin Realty, LLC/78-84 Frelinghuysen Avenue/2790/21/South/$411,900/2012/-$2,606.26
Albo Realty Corporation/82-96 Waydell Street/2392/20/East/$750,000/2008/-$2,599.00
Albo Realty Corporation/82-96 Waydell Street/2392/20/East/$750,000/2009/-$2,739.00
Albo Realty Corporation/82-96 Waydell Street/2392/20/East/$750,000/2010/-$3,180.00
Albo Realty Corporation/82-96 Waydell Street/2392/20/East/$750,000/2011/-$4,992.00
Albo Realty Corporation/82-96 Waydell Street/2392/20/East/$750,000/2012/-$5,178.00
Barroso, Inc./248-254 Ferry Street/1995/20/East/$782,800/2010/-$4,541.04
Barroso, Inc./248-254 Ferry Street/1995/20/East/$782,800/2011/-$4,752.38
Barroso, Inc./248-254 Ferry Street/1995/20/East/$782,800/2012/-$4,929.46
Boaz, Shevach/96 Pacific Street/947/12/East/$378,300/2010/-$899.94
Boaz, Shevach/96 Pacific Street/947/12/East/$378,300/2011/-$941.82
Boaz, Shevach/96 Pacific Street/947/12/East/$378,300/2012/-$976.92
Danielle Realty Corporation/2-18 Richards Street/2469/11/East/$2,218,800/2009/-$7,948.58
Danielle Realty Corporation/2-18 Richards Street/2469/11/East/$2,218,800/2010/-$9,228.36
Danielle Realty Corporation/2-18 Richards Street/2469/11/East/$1,798,600/2011/$0.00
Evergreen Realty Corporation/214-222 Thomas Street/1164/26.02/East/$907,300/2007/-$3,817.17
Evergreen Realty Corporation/214-222 Thomas Street/1164/26.02/East/$907,300/2008/-$6,167.43
Evergreen Realty Corporation/214-222 Thomas Street/1164/26.02/East/$907,300/2009/-$8,006.10
Evergreen Realty Corporation/214-222 Thomas Street/1164/26.02/East/$907,300/2010/-$9,295.14
Evergreen Realty Corporation/214-222 Thomas Street/1164/26.02/East/$907,300/2011/-$9,727.74
Evergreen Realty Corporation/206-212 Thomas Street/1164/26.01/East/$164,900/2007/$0.00
Evergreen Realty Corporation/206-212 Thomas Street/1164/26.01/East/$164,900/2008/$0.00
Evergreen Realty Corporation/206-212 Thomas Street/1164/26.01/East/$164,900/2009/$0.00
Evergreen Realty Corporation/208 Parkhurst Street/1164/39/East/$25,700/2007/$0.00
Evergreen Realty Corporation/208 Parkhurst Street/1164/39/East/$25,700/2008/$0.00
Evergreen Realty Corporation/208 Parkhurst Street/1164/39/East/$25,700/2009/$0.00
Evergreen Realty Corporation/206 Parkhurst Street/1164/40/East/$29,300/2007/$0.00
Evergreen Realty Corporation/206 Parkhurst Street/1164/40/East/$29,300/2008/$0.00
Evergreen Realty Corporation/206 Parkhurst Street/1164/40/East/$29,300/2009$0.00
Evergreen Realty Corporation/202-204 Thomas Street/1164/19/East/$110,100/2007/$0.00
Evergreen Realty Corporation/202-204 Thomas Street/1164/19/East/$110,100/2008/$0.00
Evergreen Realty Corporation/202-204 Thomas Street/1164/19/East/$110,100/2009/$0.00
Fulop, Arthur/940 Broad Street/874/11/East/$514,300/2008/-$2,970.66
Fulop, Arthur/938 Broad Street/874/12/East/$435,700/2007/$0.00
G & S Investors/760-774 Frelinghuysen Avenue/3779/66/South/$1,895,000/2008/-$2,599.00
G & S Investors/760-774 Frelinghuysen Avenue/3779/66/South/$1,895,000/2009/-$5,478.00
G & S Investors/760-774 Frelinghuysen Avenue/3779/66/South/$1,895,000/2010/-$6,360.00
G & S Investors/760-774 Frelinghuysen Avenue/3779/66/South/$1,895,000/2011/-$6,656.00
Gomes Development, Inc./472 Ferry Street/2476/37/East/$159,800/2010/-$1,106.64
Gomes Development, Inc./472 Ferry Street/2476/37/East/$159,800/2011/-$1,158.14
Gomes Development, Inc./472 Ferry Street/2476/37/East/$159,800/2012/-$1,201.30
JCAP Realty, Inc./98-112 Stockton Street/5038.01/31/East/$123,200/2010/$0.00
JCAP Realty, Inc./98-112 Stockton Street/5038.01/31/East/$123,200/2011/$0.00
JCAP Realty, Inc./114-130 Stockton Street/5038.01/41/East/$725,000/2010/-$1,532.76
JCAP Realty, Inc./114-130 Stockton Street/5038.01/41/East/$725,000/2011/-$1,604.10
JCAP Realty, Inc./114-130 Stockton Street/5038.01/41/East/$725,000/2012/-$1,663.86
Jersey Industrial Properties, LLC/127-139 Frelinghuysen Avenue/2778/2/South/$725,000/2009/-$3,423.75
Jersey Industrial Properties, LLC/127-139 Frelinghuysen Avenue/2778/2/South/$725,000/2010/-$3,975.00
Jersey Industrial Properties, LLC/127-139 Frelinghuysen Avenue/2778/2/South/$725,000/2011/-$4,160.00
Judaki, LLC/666-678 Ferry Street/2403/1/East/$665,000/2009/-$3,697.65
Judaki, LLC/666-678 Ferry Street/2403/1/East/$665,000/2010/-$4,293.00
Judaki, LLC/666-678 Ferry Street/2403/1/East/$665,000/2011/-$4,492.80
Katz, Joel/847-983 Doremus Avenue Rear/5082/74/East/$417,500/2011/-$7,238.40
L & G Associates of N.J., Inc./123-153 North Thirteenth Street/1925/54/West/$1,000,000/2009/-$2,739.00
L & G Associates of N.J., Inc./123-153 North Thirteenth Street/1925/54/West/$1,000,000/2010/-$3,180.00
L & G Associates of N.J., Inc./123-153 North Thirteenth Street/1925/54/West/$1,000,000/2011/-$3,328.00
L & G Associates of N.J., Inc./123-153 North Thirteenth Street/1925/54/West/$1,000,000/2012/-$3,452.00
Lembo, Phyllis/14-82 Riverside Avenue/675/15/North/$405,700/2009/-$2,210.37
Lembo, Phyllis/14-82 Riverside Avenue/675/15/North/$405,700/2010/-$2,566.26
Lembo, Phyllis/14-82 Riverside Avenue/675/15/North/$405,700/2011/-$2,685.70
LIT-481 Doremus, LLC/481-515 Doremus Avenue/5060/2/East/$9,847,600/2010/$0.00
M.C. Realty/210-218 Wright Street/1180/61/East/$405,000/2008/$0.00
M.C. Realty/210-218 Wright Street/1180/61/East/$405,000/2009/-$2,739.00
M.C. Realty/210-218 Wright Street/1180/61/East/$405,000/2010/-$3,180.00
McDonald’s Corporation (R. Madan)/344-348 Mulberry Street/888/1/East/$228,400/2009/$0.00
McDonald’s Corporation (R. Madan)/344-348 Mulberry Street/888/1/East/$228,400/2010/$0.00
McDonald’s Corporation (R. Madan)/344-348 Mulberry Street/888/1/East/$228,400/2011/$0.00
McDonald’s Corporation (R. Madan)/344-348 Mulberry Street/888/1/East/$228,400/2012/$0.00
McDonald’s Corporation (R. Madan)/350-358 Mulberry Street/888/62/East/$744,600/2009/-$7,830.80
McDonald’s Corporation (R. Madan)/350-358 Mulberry Street/888/62/East/$598,300/2010/-$4,439.28
McDonald’s Corporation (R. Madan)/350-358 Mulberry Street/888/62/East/$598,300/2011/-$4,645.89
McDonald’s Corporation (R. Madan)/350-358 Mulberry Street/888/62/East/$598,300/2012/-$4,818.99
McDonald’s Corporation (R. Madan)/561-567 McCarter Highway/888/63/East/$243,600/2009/$0.00
McDonald’s Corporation (R. Madan)/561-567 McCarter Highway/888/63/East/$243,600/2010/$0.00
McDonald’s Corporation (R. Madan)/561-567 McCarter Highway/888/63/East/$243,600/2011/$0.00
McDonald’s Corporation (R. Madan)/561-567 McCarter Highway/888/63/East/$243,600/2012/$0.00
McDonald’s Corporation (R. Madan)/569-575 McCarter Highway/888/64/East/$282,200/2009/$0.00
McDonald’s Corporation (R. Madan)/569-575 McCarter Highway/888/64/East/$282,200/2010/$0.00
McDonald’s Corporation (R. Madan)/569-575 McCarter Highway/888/64/East/$282,200/2011/$0.00
McDonald’s Corporation (R. Madan)/569-575 McCarter Highway/888/64/East/$282,200/2012/$0.00
MLK Newark 2007, LLC/778-784 Dr. Martin Luther King, Jr. Boulevard/123/96/Central/$852,500/2010/-$1,669.50
MLK Newark 2007, LLC/778-784 Dr. Martin Luther King ,Jr. Boulevard/123/96/Central/$852,500/2011/-$1,747.20
Newark Housing Authority/137-145 Mulberry Street/164/69/East/$477,600/2009/$0.00
Newark Housing Authority/234-236 Market Street/164/43/East/$999,400/2009/$0.00
Newark Housing Authority/59 Edison Place/164/73/East/$285,500/2009/$0.00
Newark Housing Authority/129-145 Mulberry Street/164/40/East/$552,100/2009/$0.00
Newark Housing Authority/230 Market Street/164/41/East/$492,300/2009/$0.00
NWK Industrial Spraying, Inc./12-30 Amsterdam Street/2083/33/East/$534,200/2009/-$1,594.10
NWK Industrial Spraying, Inc./12-30 Amsterdam Street/2083/33/East/$534,200/2010/-$1,850.76
NWK Industrial Spraying, Inc./12-30 Amsterdam Street/2083/33/East/$534,200/2011/-$1,936.90
Pruview Properties, LLC/27 Academy Street/53/9/Central/$600,000/2011/-$4,160.00
Pruview Properties, LLC/27 Academy Street/53/9/Central/$600,000/2012/-$4,315.00
Rousseau WH, LLC by Delev Corp. (Receiver)/296-298 Renner Avenue/3624/7/South/$297,200/2009/$0.00
Rousseau WH, LLC by Delev Corp. (Receiver)/296-298 Renner Avenue/3624/7/South/$297,200/2010/$0.00
Rousseau WH, LLC by Delev Corp. (Receiver)/296-298 Renner Avenue/3624/7/South/$297,200/2011/$0.00
Rousseau WH, LLC by Delev Corp. (Receiver)/296-298 Renner Avenue/3624/7/South/$297,200/2012/-$1,629.34
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$46,800/1999/$0.00
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$46,800/2000/$0.00
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$46,800/2001/$0.00
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$1,667,000/2005/-$21,091.00
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$1,667,000/2006/-$24,078.30
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$1,667,000/2007/-$24,078.30
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$1,667,000/2008/-$25,132.33
Sumo Property Management, LLC/10-16 Fenwick Street/3511/16/South/$1,667,000/2009/-$26,486.13
Wilson Fidelco, LLC ℅Wilcox/238-254 Wilson Avenue/5038/50/East/$1,895,000/2009/-$4,670.00
Wilson Fidelco, LLC ℅Wilcox/238-254 Wilson Avenue/5038/50/East/$1,895,000/2010/-$5,421.90
Wilson Fidelco, LLC ℅Wilcox/238-254 Wilson Avenue/5038/50/East/$1,895,000/2011/-$5,674.24
Additional Information:
Total Tax Difference: -$420,222.76
Invitation: Corporation Counsel, April 16, 2013
Introduced Jan 3, 2013· Finance