Jury Awards $3.75 Million for Taking of Morris County Diner
A Morris County jury yesterday awarded $3,750,000 to the owner of the Traveler’s Diner in Dover, as just compensation for the taking of its property by the New Jersey Department of Transportation. The NJDOT, which acquired the property in 2008 via eminent domain to improve the intersection of Routes 46 and 15, had originally estimated that the value of the property was under $2 million, but prior to trial obtained a revised appraisal which suggested that the value was approximately $2.5 million. The appraiser for Traveler’s concluded that the value was $3,750,000, a figure accepted by the jury after a week-long trial before Superior Court Judge Rosemary Ramsay.
For more information on this case, read this article by Peggy Wright from the Daily Record, or the article in the Star Ledger by Ben Horowitz.
The property owner in this matter was represented by McKirdy & Riskin’s John H. Buonocore, Jr. and Joseph Grather.