Hackensack Water Company, Plaintiff-Appellant v. Division of Tax Appeals in the State Department of Taxation and…

Summary

The Supreme Court affirmed the Division of Tax Appeals' valuations of $1,225,000 for the years 1944 and 1946, but reversed its decision for 1945 and set that year's valuation at $940,000. The Court also held that the statutory scheme requires an appeal first to the County Board of Taxation and that a specific provision (R.S. 54:3-21 and 54:2-39) prevails over the general provision (R.S. 54:2-35), prohibiting a direct appeal to the Division of Tax Appeals.