Day: March 22, 2016

Tax Court Addresses Turnpike Authority’s Property Tax Exemption

Tax Court Addresses Turnpike Authority’s Property Tax Exemption

In N.J. Turnpike Auth. v. Twp. of Monroe, the Tax Court addressed the New Jersey Turnpike’s ability to obtain a tax exemption for property acquired pursuant to a mitigation obligation to the New Jersey Department of Environmental Protection (DEP). The Facts of the Case In connection with its project to