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Homeowner's Association Board member Lynne Foxen, Pres.--May 4, 2015-Lakewood, NJ.-Staff photographer/Bob Bielk/Asbury Park Press Residents of a local adult community are on the verge of losing their clubhouse and pool to a tax lien foreclosure, if they don't agree to pay off a developer's $275,000 tax debt.The complex case may be the first of its kind in New Jersey, if not the U.Typically, the value of these amenities is factored into each homeowner's individual property assessment.In 2007, however, then-township tax assessor Linda R.S., according to a national trade group for community associations.Outraged residents of Horizons at Woodlake Greens, a 209-home, 55-and-over community off Joe Parker Road, are refusing to bail out the developer, Glen A.Residents say they can't abide that option."Glen Fishman didn't pay his taxes. The foreclosure action, initiated in January 2014, resulted from a chain of events triggered by a $1 million assessment of the clubhouse property in 2007, while Horizons was still under construction.Fishman's taxes on the clubhouse property came to about $29,000 per year, which he failed to pay, court records show.
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