Tax Appeals In New Providence Has Town Dipping Into Reserves

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 the borough.

Council President Michael Genarro gave a run down on a tax appeal settlement for 41 Spring Street LLC. No information was available on the owners of 41 Spring Street LLC.

NEW PROVIDENCE There were appeals from 2008 through 2012, but the 2008 and 2010 appeals were withdrawn and the 2009 appeal was dismissed, he told the council….

More at New Providence dips into reserve for tax appeals after multimillion dollar … – Independent Press – NJ.com


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

Tax Appeals In New Providence Has Town Dipping Into Reserves
Tax Appeals In New Providence Has Town Dipping Into Reserves
Exif | NJ 2010 Property Tax Divide | Flickr - Photo Sharing!
Tax Board - Salem County
Property Tax Appeal Brochure
USATODAY.com - U.S. feels bite of higher tax bill
Appeals court says Anschutz owes $17.3M in taxes - Yahoo! News


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
Howell Reassessment Blame... From Howell Patch: It was because of all those successful appeals that the county ordered a recently completed assessment. “The assessment further caused a significant decline in
Income tax cut? Property ... Published: Thursday, February 23, 2012, 9:16 AMLetters to the Editor/The Star-Ledger By Letters to the Editor/The Star-LedgerFrom the headlines on the front page of The Star-Ledger on
Princeton U Settles Tax D... Princeton University has agreed to pay $18.2 million over the next several years to settle claims brought by a group of local residents that the university was
Trenton Proposed Tax Rate...   The Times of Trenton – NJ.com From Trenton Times: If approved, Trenton property tax hike would make the city's tax rate the … The Times of
Tax-Exempted Properties M...   NorthJersey.com North Jersey towns reassess tax-exempt status for hospitals after key ruling NorthJersey.com The case “is a huge potential game-changer when it comes to property tax
Comparables As “Ar...   Homeowners I find will often make the often fatal mistake of using distressed sales as comparables, assuming this is allowable. What needs to be understood is
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
We Can Make This Easy Or ...   An article by Dave Sheingold in today’s Record highlights a trend regarding real estate tax appeals in New Jersey which we have seen develop in recent
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
Property Tax Appeals On T...     Despite property tax appeal buildup, there is hope for resolution NJBIZ Still, the court and tax attorneys point to the addition of new judges as