Jean-Paul Maurice

The appellant appealed the property assessment of a vacant, unbuildable waterfront lot for the 2019 to 2022 taxation years, arguing the current value should be zero due to zoning changes.

The Municipal Property Assessment Corporation (MPAC) presented expert evidence of comparable sales, suggesting a value of $19,500 but requesting the assessment be confirmed at $5,300.

The Assessment Review Board rejected the appellant's argument that the property had no market value, relying on MPAC's comparable sales data.

The Board applied time-adjusted sale values of the most similar comparable properties and ordered the assessment increased from $5,300 to $13,400.