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 NorthJersey.com: The city council is considering bonding $3.5 million to pay for approximately 100 tax appeals that are close to receiving judgment ….More at Englewood council considers bonding to pay down $3.5M in tax appeals – NorthJersey.com
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 Committee on July 25. ”We are under county order . . . to reassess the property value within Mansfield Township,” said Joseph Monzo, the municipality’s chief financial officer […]
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 revenue due to declining housing market values,” the email continued. “To make up this loss in revenue, the municipal tax rate needed to rise if local services were […]
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 only on the properties whose owners successfully appealed. With only a portion of properties being adjusted to market value, an unfair shift in the tax burden was created […]
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 […]
In 2007, when the town of Moorestown found itself slammed by a storm of tax appeals, it hired Appraisal Systems Inc to conduct a revaluation. The company is now being criticized for alleged inequities in values among comparable properties in identical neighborhoods – something critics (including the Mayor) are touting as evidence of ASI’s […]
New Jersey property taxes cost the average homeowner around $7519.00 a year. That’s nearly 12 percent of the average household’s annual income. In 2009, the bite was less, at around 10 percent. That 20 percent hike is troubling, not only for homeowners, but for politicians who count on their votes. […]
Filling out paperwork and jumping through legal hoops in order to get a tax appeal are routine tortures endured by most anyone who has ever attempted to appeal a tax assessment on their own. So, when someone offers, for a tiny fee, to do all the legwork for you, you can bet many homeowners will […]
While presenting tax appeal seminars over the past several years, I am repeatedly asked the question of whether someone needs an attorney to file a tax appeal. The answer is no, you do not need an attorney, but, before you decide to go forward without an attorney, you should ask yourself, do I have […]