NorthJersey.com North Jersey towns reassess tax-exempt status for hospitals after key ruling NorthJersey.com The case “is a huge potential game-changer when it comes to property tax exemptions,” said David Wolfe, a New Jersey attorney who specializes in property tax appeals. “I think you will see other municipalities challenging hospital exemptions.” Bianco's … and more » …via […]
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. […]
Lakewood budget projects tax hike Asbury Park Press Township Manager Michael Muscillo said the increases are largely caused by $1.7 million set aside for property tax appeals, a $40 million decrease in the overall tax base, costing $1.7 million in taxes, and a $1 million increase each for contracted … and more »…More at […]