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
roxy6934 on HuffingtonPost
Win a property-tax reduction - MSN Real Estate
Who here in New Jersey is fed up with the rediculously high ...
DD 10/13/09 Long term lessee may control property tax appeal and ...
Tax Deal Sparks a Debate - WSJ.com


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
Reassessing Property Taxe... The scene is all too familiar: A tax attorney in Weston, Fla., argues that his client’s home value has dropped 8 percent in the past year, making
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
More Judges To Hear NJ Ta... From NJBIZ: For New Jersey's backlog of property tax appeals, more help is on the way….via Tax court getting more judges to help with buildup of cases
Montclair reassessment wi... BY LINDA MOSS All Montclair property owners can expect their property tax assessments to change following a reassessment that’s now in progress, some more than others, the
Filing Delay Costs Bergen... A property owner attempted to file a tax appeal for the 2010 tax year with the Bergen County Board of Taxation on the April 1st filing deadline.
Reassessments Causing Fur...   To ensure an equitable and fair redistribution of a tax levy – so that all property owners share the tax burden of the town equally –
Princeton U’s Non-P...   Packet Online PRINCETON: State appeals court refuses to throw out challenge to university’s … Packet Online Princeton was trying to reverse a decision by tax court
Westfield And Other NJ To... Fоr thе fіrѕt time іn 40 years, thе N.J. Division оf Taxation ѕауѕ it’s forcing towns tо bеgіn property tax revaluations bесаuѕе thеу hаvе bееn delinquent іn
Westfield Realtor Offers ...   From PR News: In 2012, according to the Department of Treasury’s Division of Taxation, more than 90,000 residential tax appeals were filed in New Jersey —
Tax Bill Appeals Take Ris... By Jack Healy Published: July 4, 2009 Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening