Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1913-01-30
COUNTY BOARD
RAISES LEV|ES IN
/ CENTRE OF CITY
Decision Given on
Appeal from Assess
ments by City.
AFFECTS PROPERTY
NEAR FOUR CORNERS
Valuation in Many Cases Al
most Double-Twenty-eight
Plots involved.

The County Board of Taxation to-
day made known its decision in the
complaints OF underassessments in
the centre of the city made last De-
cember by James A. Mungle, secre-
tary of the board, acting as IAN ag-
grieved citizen" and as result there
will be a big jump in the land as
easements OF property located on the
east side of Broad street, between
Mechanic ard Commerce streets, and
In Bank, Halsey, Academy streets
and in Branford place.
In some Instances the increase will
be double that of the assessment
levied BY the city assessors for 1912.
this being especially true on the east
side of Broad street, from the Fire
mems building northerly to Com
merce street. In this section the
average foot frontage assessment of
the city board was about $4,000.
On this property the county board
has dec ded TO increase the assess
ments to within IS per cent of thar
given to the Prudential property on
the west side of Broad street. which
was placed by the county board, ex-
cluding corner plots, at from $4,000
TO $4,000 a foot frontage, according
to depth This will bring the values
on the opposite side of the street up
to $500 to $4,000 per foot, against
the s4,5OO average of the city as
SCISSORS.
on the north side of Academy
street between Broad and Halsey
streets the assessment is raised from
5000 to 81 500, the figures given always
being for foot frontage. In Branford
place the property on the north side
Of the street is jumped from $500 TO
1880, while on th south side of the
street the essessLe ut Is creased
from $500 to $780,
Clinton street frontage between
Broad and Beaver streets is raised
from an average assessment of the
city of from 81, 800 to $1,000 foot to
g9C00 a foot on both sides of the
street. Broad street, east side, south
of Market street is placed at $1,000
for the Macknet estate property next
to the corner of Market and at $4,000
a foot for the balance of the, prop
erty in the first block. The city as
sessment averaged $4,000 for this
block. The National State Bank
property at Broad and Mechanic
streets is raised from $4,000 to $4,000.
Property owned and occupied by
national banks on Broad street
Union National. Manufacturers Ma
tional, Merchants National and Ma
tional State banks-is not raised, as
1t is explained by President jerome
4. Congleton. of the County Tax
Board, that If the land values of the
bank property is increased the tax
on the stock of the bank would be
reduced by the same amount as the
increase made on the land
In giving out the decision of the
board President Congleton said: THE
board is of the opinion that its duty
is plain under the law and we have
decided to increase the assessments
in the property complained of. The
board has considered carefully the
arguments and testimony of lawyers
and expert witnesses on valuation
and also the contention of the in
terested counsel that it is unfair, in
equitable and unjust to increase as
sessments in one particular section
of the city and allow other sections,
where it is claimed under assessments
exist, to remain unchanged.
cit is physical impossiblity to
reassess the entire city at one time.
and start must be made some time
and in some locality.
The judgments of the board were
entered today, but II will be a few
days until the exact amount of the
increases can be figur ed out, as many
of the twenty-eight plots involved
are irregular in shape.
TIE board today also cancelled as
sessmelts amounting to s1i4,5OO on
property owned ands used by the
Montc,air academy in Nfontciair.
This property was put on the tax
rolls by the Montclair 4axing author
ities after consultation With the4
county board, but after an ekamina-
sion of The claims of the academy
authorities that the land was exempt
owing to it's being used for educa-
tional purposes the board decided ii
had acted incorrectly in ordering the
property assessed and today can
celled the assessment.