docketcity.com
25-0908

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) 186 Market Street, LLC/164/13(Merged into L14 in 2022)/186-188 Market Street/East/2017/$750,000/-$12,937.04 186 Market Street, LLC/164/13(Merged into L14 in 2022)/186-188 Market Street/East/2018/$750,000/-$13,420.36 186 Market Street, LLC/164/13(Merged into L14 in 2022)/186-188 Market Street/East/2019/$750,000/-$13,667.47 191-193 Wilson Ave., LLC; Thomas E. Buccine/2080/59/191-193 Wilson Avenue/East/2017/$346,500/-$2,848.00 191-193 Wilson Ave., LLC; Thomas E. Buccine/2080/59/191-193 Wilson Avenue/East/2018/$346,500/-$2,954.40 191-193 Wilson Ave., LLC; Thomas E. Buccine/2080/59/191-193 Wilson Avenue/East/2019/$346,500/-$3,008.80 33 Maple, LLC/3712/1/33-47 Maple Avenue/South/2017/$0/-$767,425.64 653 Mt. Prospect Ave., LLC/736/33(35)/651-655 Mt. Prospect Avenue/ North/2023/$1,850,000/-$14,747.97 653 Mt. Prospect Ave., LLC/736/33(35)/651-655 Mt. Prospect Avenue/ North/2024/$1,450,000/-$30,256.67 Green Formosa Partners/195/40/C1207/61 NJRR Avenue #7/East/2015/$350,000/-$7,607.39 Green Formosa Partners/195/40/C1207/61 NJRR Avenue #7/East/2016/$400,000/-$6,188.56 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2017/ $1,250,000/-$26,525.56 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2018/ $1,100,000/-$5,539.50 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2019/ $1,100,000/-$5,641.50 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2020/ $1,100,000/-$5,700.00 1292 McCarter, LLC/436/1/1292-1298 McCarter Highway/Central/2021/ $1,100,000/-$5,601.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2013/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2014/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2015/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East /2016/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2017/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East /2018/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2019/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2020/$18,832,400/-$0.00 CPT Operating Partnership, L.P./5060/154/451-479 Doremus Avenue/East/ 2021/$12,000,000/-$255,121.82 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2019/$650,000/-$0.00 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2020/$650,000/-$0.00 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2021/$450,000/-$7,468.00 Plagro Realty, Inc./614/57/45-55 Riverside Avenue/North/2022/$450,000/-$7,472.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2013/$1,300,700/-$2,953.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2014/$1,300,700/-$3,101.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2015/$1,300,700/-$3,309.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2016/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2017/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2018/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2019/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2020/$1,400,700/-$0.00 Foundry Street Development, LLC; Jamm Realty Holdings, LLC/5005/1.02/221-243 Foundry Street/East/2021/$1,400,700/-$0.00 154 Chadwick Green, LLC/3021/13/261 Chadwick Avenue/South/2014 $153,700/-$0.00 154 Chadwick Green, LLC/3021/13/261 Chadwick Avenue/South/2015/ $153,700/-$0.00 154 Chadwick Green, LLC/3021/13/261 Chadwick Avenue/South/2016/ $125,000/-$987.28 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2014/$757,000/-$0.00 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2015/$757,400/-$0.00 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2016/$552,500/-$7,048.56 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2017/$552,500/-$7,294.44 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2018/$552,500/-$7,566.96 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2019/$500,000/-$9,680.81 39-41 Fabyan Pl Realty, Corp.; 3941 Fabyan Place, LLC/3079/18/39-41 Fabyan Place/South/2020/$500,000/-$9,781.20 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2013/$1,199,900/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2014/$1,050,000/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2015/$1,050,000/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2016/$1,050,000/-$0.00 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2017/$951,000/-$3,524.40 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2018/$951,000/-$3,656.07 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2019/$951,000/-$3,723.39 Jomase Realty, Corp./2032/37/85-87 Wilson Avenue/East/2020/$951,000/-$3,762.00 LT Associates, LLC/258/20/116 Littleton Avenue/West/2016/$20,000/-$216.72 LT Associates, LLC/258/20/116 Littleton Avenue/West/2017/$20,000/-$224.28 LT Associates, LLC/258/20/116 Littleton Avenue/West/2018/$20,000/-$0.00 LT Associates, LLC/258/20/116 Littleton Avenue/West/2019/$20,000/-$0.00 LT Associates, LLC/258/20/116 Littleton Avenue/West/2020/$20,000/-$0.00 LT Associates, LLC/266/26/404 South 11th Street/West/2016/$20,000/-$347.44 LT Associates, LLC/266/26/404 South 11th Street/West/2017/$20,000/-$359.56 LT Associates, LLC/266/26/404 South 11th Street/West/2018/$20,000/-$0.00 LT Associates, LLC/266/26/404 South 11th Street/West/2019/$20,000/-$0.00 LT Associates, LLC/266/26/404 South 11th Street/West/2020/$20,000/-$0.00 LT Associates, LLC/333/54/510 South 16th Street/West/2016/$20,000/-$378.40 LT Associates, LLC/333/54/510 South 16th Street/West/2017/$20,000/-$391.60 LT Associates, LLC/333/54/510 South 16th Street/West/2018/$20,000/-$0.00 LT Associates, LLC/333/54/510 South 16th Street/West/2019/$20,000/-$0.00 LT Associates, LLC/333/54/510 South 16th Street/West/2020/$20,000/-$0.00 LT Associates, LLC/333/65/532-536 South 16th Street/West/2016/$30,000/-$223.60 LT Associates, LLC/333/65/532-536 South 16th Street/West/2017/$30,000/-$231.40 LT Associates, LLC/333/65/532-536 South 16th Street/West/2018/$30,000/-$0.00 LT Associates, LLC/333/65/532-536 South 16th Street/West/2019/$30,000/-$0.00 LT Associates, LLC/333/65/532-536 South 16th Street/West/2020/$30,000/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2016/ $3,095,900/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2018/ $3,095,900/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2019/ $3,233,300/-$17,398.39 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2020/ $3,233,300/-$17,578.80 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2021/ $3,695,900/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2022/ $3,233,300/-$0.00 Rite Aid Corporation #10402-01/260/1.01/96-110 12th Avenue/West/2023/ $3,233,300/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2014/$972,800/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2015/$972,800/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2016/$972,800/-$0.00 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2017/$900,000/-$2,591.68 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2018/$900,000/-$2,688.50 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2019/$900,000/-$2,738.01 Sierra, Carmelo/821/42/89-93 Montclair Avenue/North/2020/$900,000/-$2,766.40 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2019/$1,528,600/-$6,999.22 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2020/$1,528,600/-$7,071.80 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2021/$1,528,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2022/$1,528,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2023/$1,528,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/77(79)/166-174 Market Street/Central/2024/$1,368,100/-$6,103.82 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2019/$322,200/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2020/$322,200/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2021/$322,200/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2022/$313,500/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2023/$313,500/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/84/797 Mayor Gibson Boulevard/Central/2024/$313,500/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2015/$1,628,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2016/$1,628,600/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2017/$1,350,000/-$9,918.16 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2018/$1,350,000/-$10,288.70 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2019/$1,350,000/-$10,478.15 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2020/$1,350,000/-$10,586.80 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2021/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2022/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2023/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/86(88,90)/799-805 Mayor Gibson Boulevard/Central/2024/$1,588,300/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2015/$3,095,700/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2016/$3,095,700/-$0.00 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2017/$2,650,000/-$15,866.92 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2018/$2,650,000/-$16,459.70 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2019/$2,650,000/-$16,762.78 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2020/$2,650,000/-$16,936.60 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2021/$2,500,000/-$8,435.11 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2022/$2,500,000/-$8,439.62 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2023/$2,500,000/-$8,421.55 BMHC Dev. Assoc. c/o Shaya Hazan/57.03/94(96,98)/807-813 Mayor Gibson Boulevard/Central/2024/$2,500,000/-$8,590.98 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2015/ $2,000,200/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2016/ $2,000,200/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2017/ $1,800,000/-$7,127.12 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2018/ $1,700,000/-$11,086.39 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central 2019/ $1,700,000/-$11,290.52 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2020/ $1,700,000/-$11,407.60 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2021/ $1,779,900/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2022/ $1,779,900/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2023/ $1,779,900/-$0.00 BMHC, LLC OF N.J./57.02/54(55)/146-148 Market Street/Central/2024/ $1,500,000/-$10,644.60 Additional Information: Total credits: $1,521,570.71

Resolution Adopted Introduced June 17, 2025
Committee
Finance
Introduced
June 17, 2025
On agenda
October 1, 2025
Passed
October 1, 2025

Where it was heard

Municipal Council Oct 1, 2025 Adopt Pass