Mount tabor is not a coop. In addition to the lease fees, the small annual charge of $360 also goes toward the preservation of the parks and public historic buildings around trinity park. There aren't any mailboxes on the homes in mount tabor either, residents are assigned a Po box after closing at no additional cost. The leaseholds here are perpetual and renew every 99 years or when it transfers to new ownership.
The fee covers the lease of the land for Mt. Tabor as it is not fee simple ownership there. Mt Tabot used to be a religious municpality a "camp" as it were. In 1979 this was ruled unconstitutional because of seperation of Church and State. So, as a reult it resorted to being merged with Parsippany and an association was created with land lease fees. It is actual a very unique and rare situation. This link will take you to some great information on the history of Mt. Tabor and how this present day situation came to be. http://en.wikipedia.org/wiki/Mount_Tabor,_New_Jersey