Borgota Hits $50m Tax Appeal Jackpot

From NJ.com:

In the latest blow to Atlantic City’s finances, the Borgata Hotel Casino and Spa has won a tax appeal worth nearly $50 million from the municipality after a state tax court judge agreed that the assessed value of its property should be slashed for the 2009 and 2010 tax years….More at Borgata wins tax appeal worth nearly $50 million in Atlantic City refunds – The Star-Ledger – NJ.com


Here are some other tax appeal sites I found for you to browse. Thanks for visiting njpropertytaxappeal.net.

Borgota Hits $50m Tax Appeal Jackpot
Borgota Hits $50m Tax Appeal Jackpot
How much are property taxes in Jackson NJ? - Yahoo! Answers
Twitter / Nancy Chu: NJ Property Tax appeal b4 ...
Best Places to Live 2010 - City details: Gloucester NJ - from MONEY ...
"What is ""Added Assessment"" for a Property Tax Appeal? - Yahoo ..."
allaboutnjpropertytaxes : Message: New Jersey Property Tax Authority


email

Similar Articles

Assessing Your Assessemen... Fair to say,  if you are living in New Jersey, you are probably paying more property taxes than you should. The National Taxpayers Union, in fact, estimates
Appeals In Garden State K... Used to be tax appeals by homeowner’s were a minority. No more. Each year tax assessors find themselves with an increasing number of appeals, as homeowner’s continue
Settling Out Of Court Les... As municipalities continue being hammered with tax appeals, billions of dollars in revenue are being lost by the state.  In 2011, muncipalities in New Jersey lost in
NJ’s “Third o...   LINK Third of a mil funding for four local libraries drop. (northjersey.com, 5/3/2012)… More at Drop in Property Values and Increase in Tax Appeals Impact New
Lawrence Appeals Puts Pre... A total of 195 tax assessment appeals were filed this year by Lawrence Township property owners by the April 2 deadline, a record number for the township,
Paramus Homeowners To See... From Paramus Patch: Borough officials approve the 2013 budget which has zero increase in spending but will mean a $30 tax increase for the average homeowner…More at
NJ Tax Appeals: Do It On ... From Bankrate.com Home prices are falling everywhere, but homeowners hoping for lower property taxes may find themselves disappointed when the bill arrives. If you think your home’s
Why Not Everyone Embraces...   In many towns throughout New Jersey, property assessment values have failed to be adjusted relative to their market (or “True”) values.  In towns such as Jersey
Towns Armed With A “... From Greenworks:  The Golden Key to Winning Your Tax Appeal The world of municipal real estate tax appeals is unlike any other. Lawyers, politicians, residents and accountants
One Comparable Not Enough This recent case underscores the importance of not relying on the weight of a single comparable sale (in this case, the buyer’s),  and why a sampling of
For Homeowners Seeking Ta...   From New Jersey Herald: For desperate homeowners, meanwhile, the opportunity to obtain a reduced property assessment — and, by extension, a break on their property taxes