New Monmouth County Assessment Program Rankles Homeowners

 

From: Asbury Park Press

Across Monmouth County, a new way of assessing property values, the Assessment Demonstration Program or ADP, is leaving property owners either outraged over hefty assessment increases — or quietly celebrating a lower valuation.

The pocketbook pain for many taxpayers could go substantially beyond the much-touted 2 percent property tax cap.

…via Monmouth residents riled by new assessment program – Asbury Park Press

 

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
Lawrence Appeals Puts Pre... A total of 195 tax assessment appeals were filed this year by Lawrence Township property owners by the April 2 deadline, a record number for the township,
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
Restrictions in Comparabl...   While it is a tax assessors job to review all of their sales and weed out exclusions that do not reflect market value, this high rate
Tax Appeal Victories In N...   From NJ.com: April 1 marks the last day for New Jersey residents to file property tax appeals. More than 116,000 tax appeals were filed in New
Reducing New Jersey’... The possibility of reducing property taxes by consolidating the 565 municipalities of New Jersey was called into question in a recent study conducted by the Rutgers University’s
“Extraordinary̶... From Registry News: Following a public hearing, an ordinance authorizing an emergency appropriation to update revaluations of property within the township, was approved unanimously by the Township
NJ Tax Appeals: Do It On ... From Bankrate.com Home prices are falling everywhere, but homeowners hoping for lower property taxes may find themselves disappointed when the bill arrives. If you think your home’s
Montclair Reassessment Ca...   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
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
Paramus Homeowners To See... From Paramus Patch: Borough officials approve the 2013 budget which has zero increase in spending but will mean a $30 tax increase for the average homeowner…More at