BLOG: Condemnation Law
Supreme Court Limits Right to Pursue Polluters
Yesterday, the New Jersey Supreme Court affirmed a decision from the lower courts that had dismissed an action brought by the New Jersey Dep’t of Environmental Protection against a property owner for an alleged spill. NJDEP v. Dimant (A-2-11, September 26, 2012). A link to the full text of the opinion is here. This decision is... Read More
Eminent Domain to Save Property Owners from Foreclosure?
Will eminent domain be allowed to seize “underwater” mortgages? Opposing viewpoints appear to be coming up every day: A recent National Law Journal blog suggested that the practice would be legal and according to its title: “Eminently Reasonable.” Dana Berliner is the head of Litigation at The Institute for Justice and a direct link to... Read More
Court Rejects Property Owner’s Unverified Sales Evidence at Trial
In the recent unpublished opinion in Rosenberg v. City of Newark, Docket No. 018031-2009 (Tax Ct. August 16, 2012), a New Jersey Tax Court judge affirmed a property’s assessment after rejecting comparable sales evidence provided at trial by a pro se plaintiff as proof of the fair market value for his two-family rental property. The judge... Read More
New Jersey Beach Replenishment Town Seeks End Around In Federal Court
In follow-up to our blog posting of May 8, 2012 (LBI Town Forum Shopping to Avoid Paying Just Compensation?): Long Beach Township is continuing in its attempts to adjudicate their beach-front property acquisitions into federal court. According to a recent report from APP.com, the township seeks to adjudicate the takings cases in federal court because “federal courts recognize... Read More
NJDOT Victory Reversed on Appeal
Earlier this week, the Appellate Division issued an opinion reversing a Law Division decision that held a property owner was barred from claiming that NJDOT failed to specifically perform as promised in a written settlement agreement. State, Commissioner of Transportation v. Delucca (Docket No. A-3129-10T1). A copy of the opinion may be found here. Photo... Read More
Widespread Disagreement on Plan to use Eminent Domain to Acquire Mortgages
Time Magazine recently covered a controversial plan proposed by Mortgage Resolution Partners to acquire distressed mortgages using the government’s eminent domain power. The article highlighted some of the concerns raised in a post on this blog, as well as in other local and national media outlets. Specifically, mortgage holders will not likely accept the value... Read More
"Special" Valuation Rules N/A To Environmentally Remediated Property
Yesterday a New Jersey appellate court narrowed the scope of a property owner’s liability for environmental remediation when the owner’s property is taken via eminent domain. In Borough of Paulsboro v. Essex Chemical Corporation, the Superior Court, Appellate Division (Skillman, J.A.D.) held that a property owner that had obtained approval of a closure plan for... Read More
Should Governments Use Eminent Domain to Acquire Underwater Mortgages?
In an unprecedented move, a group of venture capitalists out of San Francisco hopes to convince county and local officials in California to use the power of eminent domain to seize control of private residential mortgage-backed securities with the intent of cutting the principal balances of negative-equity borrowers. As proposed, Mortgage Resolution Partners would work... Read More
Sayreville Developer Fails in Challenge to Redevelopment Fees
A New Jersey appellate court this week rejected an appeal by a Sayreville developer to challenge the imposition of costs and fees levied upon its commercial redevelopment by the Sayreville Economic Redevelopment Agency (“SERA”). The developer Gillette Enterprises, Inc., sought to develop a parcel of land within Sayreville’s redevelopment area with age-restricted housing, after it... Read More
