Taxes and budget

The Kenvue campus tax appeal

The four LLCs that own the campus have appealed Lot 2's $41.3 million assessment to the New Jersey Tax Court. The roughly $1.4 million a year the township cited is about Lot 2's whole tax bill, most of it school and county tax.

Checked against the primary record on . Every figure on this page is sourced at the foot of the article.

Appeal pending Last moved

What happens next

The appeal (docket 2026001145) is open. The deadline to appeal the 2027 assessment is April 1, 2027.

The township assesses Lot 2 at $41,266,600. The owners bought the whole holding for $23.5 million in December 2025, and on February 27, 2026 the Tax Court docketed their appeal of Lot 2’s 2026 assessment. It was still open on October 19, 2026.

A building going empty does not by itself lower its tax bill; a successful appeal could. If it succeeds, the difference is spread across other taxpayers. The arithmetic is in the explainer.

What the $1.4 million is

Timeline

Each dated event on this issue, oldest first, linked to the full sourced entry.

  1. Milestone The sale closes: $23.5 million, to four LLCsJohnson & Johnson Consumer Inc. and Kenvue Brands LLC deeded the campus to four New Jersey limited liability companies for $23,500,000, in a deed recorded December 30, 2025 with Somerset County. A mortgage to Wilmington Savings Fund Society was recorded the same day. E. Kahn Development Corp. is not named as a party in the clerk's index; the township treats it as the owners' representative.
  2. Pending Kenvue is due to cease operations at the siteThe township attorney told the Township Committee on September 17, 2026 that Kenvue will cease operations at 199 Grandview Road by the end of the year; Mayor Neena Singh said the township expects a resulting gap of roughly $1.4 million a year in tax revenue, with the owners' appeal of the Lot 2 assessment already pending in the Tax Court.

Explainers

  • What the $1.4 Million Is: The Kenvue Campus Tax Bill, Explained

    In September 2026 the township warned of about $1.4 million a year in lost tax revenue when Kenvue leaves 199 Grandview Road. That figure is roughly the whole annual property-tax bill on the main campus lot, and most of it goes to the schools and the county, not the township. What would actually change the bill is the owners' tax appeal, which has been open since February. If it succeeds, the difference is spread across every other taxpayer.

Documents

The township's own records on this issue. Each links to the official copy.

Meetings

  • Township Committee — September 17, 2026

    The Township Committee directed the Planning Board to study whether Block 14001, Lot 2 at 199 Grandview Road meets the statutory criteria for a non-condemnation redevelopment area, and authorised an escrow agreement under which E. Kahn Development pays for the study. Both passed 4-0 with Committeeman Martin absent, over roughly 40 minutes of public comment that ran heavily against them. The township attorney also said on the record that the widely reported "$300 million" damages figure in the data-center lawsuit is false.

Sources for this overview

  1. NJ Tax Court open local property tax cases (docket 2026001145)
  2. Township Committee minutes, September 17, 2026
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