In many towns throughout New Jersey, property assessment values have failed to be adjusted relative to their market (or “True”) values. In towns such as Jersey City — where assessments are as much as thirty-years old and the market values of properties have increased steadily — individual property tax bills reflect widespread inequities. Because […]
Monthly Archives: January 2016
As property values continue to fall and tax rates soar, homeowners are filing assessment appeals in record numbers -an increase of over 33% from 2010. The county is facing severe economic challenges and its future is bleak. Press of Atlantic City From Atlantic City Press: Atlantic County tax appeals have shot up 33 percent in […]