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
Towns Armed With A “... 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
No Matter Where You Live ...   NJ.com See which N.J. counties have the highest and lowest property taxes NJ.com TRENTON — Three New Jersey counties saw average property tax bills top $10,000
Change Underway For NJ P... From New Jersey 101.5: Tax Appeal Calendar in NJ Would PropertyMove Under…via Property Tax Appeal Calendar in NJ Would … – New Jersey 101.5  
Tight Financial Times Hav... 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
Settling Out Of Court Les... As municipalities continue being hammered with tax appeals, billions of dollars in revenue are being lost by the state.  In 2011, muncipalities in New Jersey lost in
Hurricane Sandy Victims C...     From New Jersey 101.5: Hurricane Ravaged Homes Could Mean Tax Assessment Reduction [AUDIO] New Jersey 101.5 FM Radio If your home suffered significant damage or
Deadline For Filing NJ Ta...   New Jersey Herald Deadline near for tax appeals New Jersey Herald As of last month, all homeowners were mailed the annual property record card showing their
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
Westfield And Other NJ To... Fоr thе fіrѕt time іn 40 years, thе N.J. Division оf Taxation ѕауѕ it’s forcing towns tо bеgіn property tax revaluations bесаuѕе thеу hаvе bееn delinquent іn
One Comparable Not Enough This recent case underscores the importance of not relying on the weight of a single comparable sale (in this case, the buyer’s),  and why a sampling of