Inmar Assocs., Inc. v. Carlstadt, Borough of

ELR Citation: ELR 20504
No(s). s. A-5820-84T7, A-547-85T1 (N.J. Super. Ct. App. Div. Dec 10, 1986)

The court holds that the New Jersey Environmental Cleanup Responsibility Act (ECRA) applies prospectively only and a commercial taxpayer is not entitled to a reduction in the assessed value of a property based upon the costs of cleaning up hazardous waste on the property pursuant to ECRA's requireme...