JOVSIM, LLC VS. CITY OF NEW BRUNSWICK (TAX COURT TO NEW JERSEY) (CONSOLIDATED)

CourtNew Jersey Superior Court Appellate Division
DecidedNovember 17, 2021
DocketA-4832-18/A-4833-18
StatusUnpublished

This text of JOVSIM, LLC VS. CITY OF NEW BRUNSWICK (TAX COURT TO NEW JERSEY) (CONSOLIDATED) (JOVSIM, LLC VS. CITY OF NEW BRUNSWICK (TAX COURT TO NEW JERSEY) (CONSOLIDATED)) is published on Counsel Stack Legal Research, covering New Jersey Superior Court Appellate Division primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
JOVSIM, LLC VS. CITY OF NEW BRUNSWICK (TAX COURT TO NEW JERSEY) (CONSOLIDATED), (N.J. Ct. App. 2021).

Opinion

NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION This opinion shall not "constitute precedent or be binding upon any court ." Although it is posted on the internet, this opinion is binding only on the parties in the case and its use in other cases is limited. R. 1:36-3.

SUPERIOR COURT OF NEW JERSEY APPELLATE DIVISION DOCKET NOS. A-4832-18 A-4833-18

JOVSIM, LLC,

Plaintiff-Appellant,

v.

CITY OF NEW BRUNSWICK,

Defendant-Respondent. ___________________________

Submitted September 29, 2021 – Decided November 17, 2021

Before Judges Fuentes, Gilson, and Gummer.

On appeal from the Tax Court of New Jersey, Docket Nos. 011827-2015 and 004211-2016.

Schneck Law Group, LLC, attorneys for appellant (Michael I. Schneck and Kevin S. Englert, on the briefs).

Hoagland, Longo, Moran, Dunst & Doukas, LLP, attorneys for respondent (Richard J. Mirra, of counsel and on the brief).

PER CURIAM These consolidated appeals arise out of a reassessment of the value of

property located in the City of New Brunswick (City) and a corresponding

increase in the taxes on that property in 2015 and 2016. Plaintiff Jovsim, LLC

appeals from an order by the Tax Court denying its motion for summary

judgment and holding that the reassessment was not an illegal spot assessment.

We affirm the judgment of the Tax Court.

I.

We take the facts from the record, which includes the materials submitted

on the motion for summary judgment and the subsequent trial in the Tax Court

on the valuation of the property. 1 The property is located at 66 Sicard Street and

is designated block 86, lot 35.02 (the Property). It is in a single-family and two-

family residential zone near the campus of Rutgers University. In 2010, the City

granted a use variance so that a private developer could construct an apartment

building for college students.

The Property consists of a three-story building with thirty-two two-

bedroom apartments and two one-bedroom apartments. It also has an

1 Plaintiff appeals from only the summary judgment order. Following the denial of summary judgment, however, plaintiff continued to pursue its appeal in the Tax Court and the action concluded with a valuation trial. Accordingly, the full record is relevant to this appeal. A-4832-18 2 underground parking garage. The Property is one of only a few privately owned

student-housing apartments in the City. Under a City ordinance, the Property is

exempt from rent control for thirty years from the date of its completion. The

same developer constructed a similar building for student housing located at 130

Easton Avenue, which was about a half a mile away from the Property.

In 2012, after the construction was finished, the City issued a certificate

of occupancy for the Property. At that time, the Property was assessed with a

value of $1,500,000. According to the City's tax assessor, that 2012 value

estimate was derived from income estimates provided by the developer and

rental data from competitive properties in the area.

In December 2014, plaintiff purchased the Property for $9,370,000. The

City's tax assessor became aware of that sale in March 2015. He investigated

the validity of the 2012 assessment, the validity of the sale, and the Property's

assessed value. The tax assessor obtained and reviewed actual data for two years

of the Property's operation. He also collected and compared rental rates from

other competing college rental properties in the area. Based on that review, the

tax assessor came to the belief that the assessment significantly undervalued the

Property. Accordingly, as authorized by a City resolution, the tax assessor asked

A-4832-18 3 the City's special tax counsel to file a tax appeal of the 2015 property tax on the

Property.

On March 30, 2015, the City filed a petition with the Middlesex County

Board of Taxation (the Tax Board), seeking an increase of the 2015 assessment

of the Property's value from $1,500,000 to $3,600,000. The City contended that

the Property was under-assessed and that $3,600,000 was an accurate assessment

after calculating 38.72 percent, the ratio under N.J.S.A. 54:1-35a to -35c for

2015, of $9,370,000, the recent sale price. At the same time the City filed an

appeal with the Tax Board concerning the Property, it also appealed the

assessments on eight other properties.

On June 12, 2015, the Tax Board conducted a hearing on the City's

assessment appeals. Plaintiff appeared with counsel, but the only witness who

testified was the City's tax assessor. That same day, the Board entered a

judgment increasing the assessment on the Property from $1,500,000 to

$3,500,000. The assessments on the other eight properties were increased by

way of settlement.

Plaintiff timely filed a complaint with the Tax Court in August 2015,

challenging the Tax Board's judgment for tax year 2015. The City filed an

answer and counterclaim. The counterclaim sought relief under N.J.S.A. 54:3-

A-4832-18 4 21 to increase the Property's assessment to its true value. That statute allows

either a taxpayer or a taxing district to appeal the assessed value of property.

Ibid.

For the tax year 2016, the City tax assessor set the assessment of the

Property's value at the same value of $3,500,000, acting in accordance with

N.J.S.A. 54:3-26. Plaintiff filed a direct appeal of the assessment for 2016 with

the Tax Court.

In June 2016, plaintiff moved for summary judgment in the Tax Court on

both of its appeals of the assessment for 2015 and 2016. Plaintiff sought to have

the Tax Court vacate the Tax Board's judgment for the 2015 tax year, contending

that the reassessment was an illegal spot assessment based purely on the sale

price of the Property in December 2014. Plaintiff also argued that the 2016

assessment should be rolled back since it was carried forward from the 2015

reassessment. In addition, plaintiff moved to dismiss the City's counterclaim,

arguing it was untimely and had not been pled before the Tax Board.

In an order and opinion issued January 24, 2017, the Tax Court denied

plaintiff's request for summary judgment. The Tax Court found that the City's

tax appeal to the Tax Board was not an illegal spot assessment. While noting

that the December 2014 sale of the Property "undoubtedly had a role to play in

A-4832-18 5 the City's appeal challenging the 2015 assessment," the Tax Court reasoned that

it was not an illegal spot assessment because the validity of the reassessment

was left to the Tax Board. Instead, the Tax Court found that the assessor was

appropriately concerned about the Property's under-assessment because of the

sale and noted the Property was a new kind of student housing in the City.

The Tax Court also found that the lack of a revaluation for nearly a quarter

of a century (the City's last city-wide revaluation was in 1991) did not establish

that the assessment was a spot assessment. The court reasoned that such a

holding would effectively nullify the statutory authority in N.J.S.A. 54:3-21,

which allows taxing districts to appeal a property's assessment. Finally, the Tax

Court reasoned that accepting plaintiff's position would entitle plaintiff to pay

less than its fair share of taxes until the City undertook a revaluation of the

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