BLOG: Property Tax Appeal
Despite Threat, Jersey City Reval Still Not Cancelled
Despite threatening to cancel the city-wide property revaluation in Jersey City, Mayor Steven Fulop has not followed through with any formal action to cancel the City’s first revaluation since 1988. Fulop had voted against the revaluation contract in 2011 as a member of the Jersey City Council, at which time the revaluation company had a... Read More
Mayor Voting with His Feet: Selling house because his taxes are too high
The mayor of Egg Harbor Township is selling his home after a revaluation in his municipality caused his taxes to increase 60% to over $31,000. The home was assessed in 2012 for $463,800, which equated to a market value of roughly $750,000. The new assessment values the home at $1,100,400. Currently five homes are on... Read More
Unreliable Testimony Dooms Taxpayer’s Appeal
Another New Jersey taxpayer recently saw its property tax assessment affirmed by the New Jersey Tax Court due to a failure to present evidence to overcome the presumption of validity given to the municipal assessment. 90 Riverdale, L.L.C. challenged its 2009, 2010 and 2011 property tax assessments of its property located in the Borough of... Read More
