Supreme Court of New Jersey

Walter Reade, Inc., a New Jersey Corporation, Plaintiff-Appellant v. Township of Dennis, a Municipal Corporation of…

February 5, 196236 N.J. 435

Summary

The Supreme Court of New Jersey reversed the lower court and vacated the local tax assessments against Walter Reade, Inc., holding that the statutory tax exemption for the New Jersey Highway Authority extends to its service‑area facilities even when operated under a lease or license to a private operator.