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

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
A Layman’s Knowledg...   The Tax Court in a recent unreported decision allowed evidence, including adjustments to comparable sales by a pro se taxpayer at trial. However, the case, Kula v.
Fairlawn Tax Appeals Trig... From The Fair Lawn Patch: To combat the dramatic increase in the number of tax appeals being lost by the borough in recent years, a reassessment, which
Atlantic City Borrows Fun... From Press of Atlantic City:  Atlantic City Council votes to borrow $102 million to settle tax-appeal debts By EMILY PREVITI Staff Writer pressofAtlanticCity.com   …More at Press
Englewood Considers Bond ... From NorthJersey.com: The city council is considering bonding $3.5 million to pay for approximately 100 tax appeals that are close to receiving judgment ….More at Englewood council considers
Spotlights On New Jersey ...   NJ Spotlight Tax Facts: Getting Beyond All the Talk About New Jersey's Taxes … NJ Spotlight More taxes, no new taxes, higher taxes, marijuana taxes, corporate
Washinton Township Appeal... Washington Township officials are planning to have a revaluation of township properties performed due to a large number of tax appeals, but the work will not be
NJ Property Tax Reinburse... From MyCentralJersey.com: Many New Jersey senior citizens do not know about program that can bring them money every year...via  can bring cold casProperty tax freezeh to seniors
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
Deadline For Filing NJ Ta...   New Jersey Herald Deadline near for tax appeals New Jersey Herald As of last month, all homeowners were mailed the annual property record card showing their
Tax Appeals In Atlantic C... As property values continue to fall and tax rates soar, homeowners are filing assessment appeals in record numbers -an increase of over 33% from 2010. The county