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 — the highest since 1992 and more than triple the number filed in 2007. Spurred by sagging home prices — along with often inaccurate and outdated assessments – state […]
From NorthJersey.com: Both the state and county have ordered Rutherford to carry out a borough-wide revaluation of all property values to their true market value. And it may cost the borough about $100,000 to conduct a needed tax map update….More at Tax appeals killing town coffers – NorthJersey.com
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, […]
From Patch: Scammers are offering information that is useless and free for a cost, the Atlantic County Board of Taxation announced on Tuesday morning, March 19. They are offering Chapter 123 reports to help reduce property tax assessments….More at Beware Tax Appeal Scams, County Tax Administrator Warns – Patch.com
From Lexis Nexis Law Communities: New Jersey Passes Law Affecting the Property Tax Assessment and Appeal Process On February 4, Gov. Chris Christie signed S1213 (the “Act”) into law, creating a pilot program that could substantially change the property tax assessment and appeal process in New Jersey. The Act’s stated goal is to create […]
From Star-Ledger: Report: South Brunswick considers revaluation after flood of tax appeals The Star-Ledger – NJ.com SOUTH BRUNSWICK – Tax appeals from property and business owners may force the township to undergo revaluation – a program to appraise all real property to its full and fair value. South Brunswick Tax Appeals May Force […]
Tax Increases In Shore Towns A Certainty After Superstorm Sandy Patch.com Toms River-based Horn was originally scheduled to speak along with Berkeley Tax Assessor Eric L. Zanetti at the Central Regional Middle School, but Zanetti had to cancel because of bronchitis. Municipal, county and school budgets will rise, as … and more »…More […]
EB5JJZK67RDY Liberty Village tax appeal settlement would cut Flemington revenue $159K in 2013 Hunterdon County Democrat – NJ.com FLEMINGTON — A tax–appeal settlement with Liberty Village Premium Outlets, which would eliminate about 1.3% of the borough’s tax base has been proposed. The deal would mean $159,275 less revenue for the borough in 2013. So council […]
From New Jersey 101.5: Hurricane Ravaged Homes Could Mean Tax Assessment Reduction [AUDIO] New Jersey 101.5 FM Radio If your home suffered significant damage or was destroyed by Hurricane Sandy, you may qualify for a reduction in your assessment for the tax year 2013 under New Jersey law. John Moore, Getty Images. The […]
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 Trenton – NJ.com “I used to think I paid the right amount of property tax,” he said while sitting on the porch of his home in the city's […]