For Homeowners Seeking Tax Appeals, Many Remain Unprepared

 

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 — is a small consolation that is hard to pass up after the economic wipeout they have endured the last few years. But misinformation about the process abounds, much of it spurred on by a cottage industry of opportunists eager to cash in on homeowners' frustration by holding out the hope of a quick and easy way to reduce one's taxes.

Misunderstanding how the process works has left many homeowners thoroughly exasperated after their appeal hearings ended with their current assessments being affirmed. In many cases, it was because they were unprepared and unfamiliar with the requirements for mounting a successful appeal…More at Tax appeals surge, but winning takes work – New Jersey Herald

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
Singapore Property Tax in... In spite of pitching itself as one of the richest cities of the South East Asian countries, Singapore is reportedly losing on its potential investors following a
New Jersey Tax Appeals Cr... From: Press of Atlantic City The state Department of Community Affairs says tax appeals have gone up by more than 400 percent since 2006. And municipalities, as
Increasing Number of Tax ... From National Real Estate Investor: State governments desperate to feed municipal coffers are pushing more property tax appeals into litigation, and property owners are finding it difficult
New Monmouth County Asses...   From: Asbury Park Press Across Monmouth County, a new way of assessing property values, the Assessment Demonstration Program or ADP, is leaving property owners either outraged
Christie Congratulated Fo...     From NJ.Com: Christie Administration announces property tax growth in Morris County NJ.com “By any measure, Governor Christie's property tax reforms have been a resounding success
Barnegat Tax Appeals Drai... From Asbury Park Press: BARNEGAT — The township has lost more than $2 million from its coffers during the last five years due to property owners filing
15 NJ Towns With Highest ... From Millburn Patch: The 15 NJ Towns With The Highest Property Taxes. Posted by Tom Troncone (Editor) , October 26, 2013 at 08:47 PM. Comment Recommend. Loading…
Tax Appeals In New Provid... From The Independent Press: Among the issues the New Providence Borough Council discussed at its June 25 meeting was a multi-million dollar reassessment of a property in
Reassessments Hurt Homeow... Due to a high number of tax appeals after a 2008 assessment, Lincoln Park recently completed its reassessment and noted a $149 million drop in value.  In
NJ Homeowners To Receive ...   Sеvеrаl weeks ago, homeowners асrоѕѕ thе state wеrе ѕеnt official notices detailing thеіr property’s assessed value, а figure thаt plays а key role іn determining јuѕt