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26-0762

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) Kinney Building Assoc./164/8/788-794 Mayor Gibson Boulevard/East/2020/$5,834,900/-$25,273.80 High Urban Renewal, LLC/123/56.02/117-129 Clinton Avenue/Central/2019/$1,881,700/-$13,990.92 High Urban Renewal, LLC/123/56.02/117-129 Clinton Avenue/Central/2020/$1,881,700/-$14,136.00 High Urban Renewal, LLC/123/56.02/117-129 Clinton Avenue/Central/2021/$1,881,700/-$13,890.48 High Urban Renewal, LLC/123/56.02/117-129 Clinton Avenue/Central/2022/$1,881,700/-$13,897.92 High Urban Renewal, LLC/123/56.02/117-129 Clinton Avenue/Central/2023/$1,881,700/-$13,868.16 High Urban Renewal, LLC/123/56.03/117-129 Clinton Avenue/Central/2019/$1,118,300/-$8,575.08 High Urban Renewal, LLC/123/56.03/117-129 Clinton Avenue/Central/2020/$1,118,300/-$8,664.00 High Urban Renewal, LLC/123/56.03/117-129 Clinton Avenue/Central/2021/$1,118,300/-$8,513.52 High Urban Renewal, LLC/123/56.03/117-129 Clinton Avenue/Central/2022/$1,118,300/-$8,518.08 High Urban Renewal, LLC/123/56.03/117-129 Clinton Avenue/Central/2023/$1,118,300/-$8,499.84 Tonn, Masela L./2826/7/88 Clinton Avenue/East/2022/$300,000/-$2,241.60 Tonn, Masela L./2826/7/88 Clinton Avenue/East/2023/$300,000/-$2,236.80 1160 Raymond Retail Properties, LLC/144.01/46/C0003/1136-1166 Raymond Boulevard/Central/2022/$2,250,000/-$11,346.23 1160 Raymond Retail Properties, LLC/144.01/46/C0003/1136-1166 Raymond Boulevard/Central/2023/$2,250,000/-$11,321.94 Teixeira, Armindo J/935/33/109 Pacific Street/East/2020/$438,000/-$0.00 Teixeira, Armindo J/935/33/109 Pacific Street/East/2021/$394,800/-$0.00 Teixeira, Armindo J/935/33/109 Pacific Street/East/2022/$394,800/-$0.00 Teixeira, Armindo J/935/33/109 Pacific Street/East/2023/$394,800/-$0.00 Teixeira, Armindo J/935/33/109 Pacific Street/East/2024/$294,800/-$3,803.00 Teixeira, Armindo J/935/33/109 Pacific Street/East/2025/$250,000/-$5,790.55 SPG 2013 McCarter Hwy Urban Renewal, LLC/825/1/2013-2075 McCarter Highway/North/2024/$3,376,800/-$1,392,780.30 2052 McCarter Industrial Urban Renewal, LLC/827.01/11/2052-2090 McCarter Highway/North/2024/$2,000,000/-$38,030.00 Victoria Street Realty, LLC/3516/20.01/408-420 Frelinghuysen Avenue/South/2024/$3,282,000/-$34,873.51 Victoria Street Realty, LLC/3516/20.01/T01/408-420 Frelinghuysen Avenue/South/2024/$235,600/-$0.00 Victoria Street Realty, LLC/3516/20.01/408-420 Frelinghuysen Avenue/South/2025/$3,282,000/-$36,670.83 Victoria Street Realty, LLC/3516/20.01/T01/408-420 Frelinghuysen Avenue/South/2025/$235,600/-$0.00 Goal Investments, LLC/520/1.02/1424-1430 McCarter Highway/North/2024/$1,250,000/-$0.00 Goal Investments, LLC/520/1.02/1424-1430 McCarter Highway/North/2025/$1,000,000/-$9,997.50 163 Elwood, LLC/736/24/163 Elwood Avenue/North/2025/$441,900/-$1,703.57 Public Service Electric And Gas Co./97/39.01/398-426 University Avenue/Central/2026/$7,000,000/-$39,990.00 Additional Information: Total credit: $1,728,613.63

Resolution Adopted Introduced May 13, 2026
Committee
Finance
Introduced
May 13, 2026
On agenda
June 17, 2026
Passed
June 17, 2026

Where it was heard

Municipal Council Jun 17, 2026 Adopt Pass