NJ Court Says $1.8M Is A Fair Price For Seized Landfill

Law360 (April 9, 2020, 8:30 PM EDT) -- The New Jersey state appeals court affirmed Thursday that $1.8 million is a fair price for a state planning and zoning agency to pay the town of Kearny for a landfill parcel, rejecting the town's argument that the property's revenue potential made it worth far more.

A three-judge Appellate Division panel rejected a Kearny appraiser's opinion that the property could generate between $14 million and $16 million over the next seven years under a new owner, siding with a lower court's reasoning that there was no evidence private buyers were scrambling to buy garbage dumps. The New Jersey Sports and Exposition...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!