Montclair Reassessment Causes Rise In Tax Assessments For Some

 

From The Montclair Patch:

With the decline the housing market, Montclair property owners have filed 3,724 tax appeals since 2007. The appeals reduced the assessed value only on the properties whose owners successfully appealed. With only a portion of properties being adjusted to market value, an unfair shift in the tax burden was created that could only be adjusted through a township-wide reassessment.

Since reassessments adjust properties to market value, the properties whose assessments were closer to market value prior to the reassessment will see an increase in their tax burden….

More at Tax Bills Spark Concern – Patch.com


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

Montclair Reassessment Causes Rise In Tax Assessments For Some
Montclair Reassessment Causes Rise In Tax Assessments For Some
Seeking Lower Property Taxes on a House of ... - New York Times
kuklamou on HuffingtonPost
Tax FAQ - Welcome to the Borough of Middlesex New Jersey
Mike Del Duca (@mickydel) on Twitter
how now on HuffingtonPost


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