In the Matter of the Appeals of Kents 2124 Atlantic Ave., Inc., Kents 1214 Atlantic Ave., Inc., and Vienna…

Summary

The Supreme Court of New Jersey reversed the lower courts and remanded the tax assessment appeals, holding that the State Director's average ratio of assessed value to true value is sufficient evidence of a common assessment level for granting relief. The Court required taxpayers to prove that their total assessment substantially exceeds the district's average ratio and affirmed that relief may be granted based on that standard.