Princeton University has the burden of justifying its real estate tax-exempt status without relying on a presumption of correctness by the taxing authority, the Tax Court of New Jersey has held in the long-running challenge to its exemption. In 2011, a group of taxpayers challenged the exempt status of 21 individual parcels owned by the University. Among other things, they claimed that the parcels were being used for profit and should not be exempt. After the Tax Assessor continued the exemptions for 2012, 2013, and 2014, four of the original group filed additional complaints challenging the University’s exemption in toto . Princeton’s motion to dismiss was denied and now its motion to...