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Valley Hospital Files Major Tax Appeal Against Ridgewood’s PILOT Agreement, Challenging 2025 Property Assessment

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the staff of the Ridgewood blog

Ridgewood NJ, a new legal battle is brewing in Ridgewood as Valley Hospital has filed a major tax appeal against the Village of Ridgewood, targeting the Payment In Lieu Of Taxes (PILOT) agreement for its property at 223 N. Van Dien Avenue. The appeal challenges the 2025 tax year assessment, potentially impacting the village’s proposed $64.8 million municipal budget.

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