In the minutes of a recent council meeting in Westfield I saw something that caught my eye: a suggestion by the Finance Policy committee that the tax assessor be allowed to increase a property assessment were that property found to be undervalued. Now I'm not sure if such a thing would even be legal, though […]
From Greenworks: The Golden Key to Winning Your Tax Appeal The world of municipal real estate tax appeals is unlike any other. Lawyers, politicians, residents and accountants all have a significant say not only in your property taxes, but also in the outcome of your property tax appeal. The deck is stacked against taxpayers before […]
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 years, as the real estate market continues to be in flux and droves of property owners have tried to reduce expenses by filing property tax appeals. The message […]
Used to be tax appeals by homeowner’s were a minority. No more. Each year tax assessors find themselves with an increasing number of appeals, as homeowner’s continue their assault on the inequality of assessments. PROPERTY TAX APPEALS | APP.com | Asbury Park Press www.app.com There were 74,227 property tax assessment appeals filed by New Jersey […]
By SUSANNA KIM (@skimm) March 14, 2012 The battered real estate market has another side effect that often goes overlooked, consumer finance and tax experts say: Millions of homeowners are unknowingly paying too much property tax. According to the National Taxpayers Union, about 30 percent of properties in the U.S. are assessed at higher values […]
Thursday, March 15, 2012 More city homeowners are appealing their property tax bills than in years past as the levy which has doubled in the 10 years since Mayor Michael Bloomberg took office continues to increase, according to officials. Next year, the average tax bill increases will range from $30 per year in the Bronx […]
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 Feb. 22, it appears that, yet again, Gov. Chris Christie is out of touch. The income tax is not the problem; the property tax is the problem.And as […]
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 his $25,000 tax bill far too high. Just outside New York City, a homeowner recounts her frustration when an assessor wouldn’t explain why he valued her lake house […]
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 company doing the work told the Township Council Tuesday night. Steven Rubenstein of Realty Appraisal Co., himself a Montclair resident, did a presentation to the council at its […]
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 local governments with another big drain on their budgets. The requests are coming in record numbers, from owners of $10 million estates and one-bedroom bungalows, from residents of […]