Town of Bloomfield, a Municipal Corporation. Petitioner-Respondent v. the Academy of Medicine of New Jersey…

Summary

The New Jersey Supreme Court held that the Academy of Medicine's property at 317 Belleville Avenue and its library at 307 Belleville Avenue are tax‑exempt under N.J.S.A. 54:4‑3.6 because the properties are actually and exclusively used for the moral and mental improvement of men, women and children, and it reversed the lower courts' tax assessments.