BLOG: Property Tax Appeal
Legislation Introduced to Share Property Tax Refund Burden
New Bill Would Require School and Fire Districts to Refund Successful Tax Appeals New Jersey Assemblyman Michael Patrick Carroll (R-Morris) has proposed Assembly Bill A-3412 which would require school districts and fire districts to join local towns and counties in refunding successful tax appeals. Currently, only municipalities and counties are responsible for crediting a property... Read More
Tax Court Denies Phillipsburg’s Chapter 91 Motion to Dismiss
In Town of Phillipsburg v. ME Realty, L.L.C., decided on April 8, 2011 (approved for publication), the New Jersey Tax Court denied the town of Phillipsburg’s motion to dismiss ME Realty’s property tax appeal for failure to respond to Phillipsburg’s request for income and expense information pursuant to N.J.S.A. 54:4-34 (“Chapter 91 Request”). The Tax... Read More
Appellate Court Reinstates Kearny Tax Appeals
Court Reinstates Tax Appeals Dismissed for Plaintiff-Taxpayer’s Failure to Provide Discovery In Leeds Terminal Inc. v. Town of Kearny (Docket Nos. A-4867, 4874 through 4881 – 09T3) an appellate court reversed the Tax Court’s order denying several taxpayers’ motions to reinstate property-tax appeals dismissed with prejudice for their failure to provide discovery. These matters involved... Read More
Property Tax Appeal Floodgates Open
Tomorrow’s annual filing deadline for real estate tax appeals in New Jersey is expected to bring with it an unprecedented volume of appeals before County Tax Boards and the New Jersey Tax Court. According to a report in today’s Star-Ledger, approximately 75,000 tax appeals are expected to be filed this year. It is also estimated that... Read More
Society of Professional Assessors Seminar to Feature McKirdy & Riskin Attorneys
The Society of Professional Assessors’ annual seminar for Property Tax Professionals will feature McKirdy & Riskin’s Thomas Olson and Richard DeAngelis as panelists, on Friday April 15, 2011. The panel discussion “Tax Appeal Fundamentals and Update from the Tax Court” will take place during the afternoon session of the conference at The Landmark, 26 Route 17... Read More
April 1st Tax Appeal Deadline Approaching
Property owners looking for ways to reduce expenses may consider filing an appeal of the property’s 2011 local property tax assessment. The New Jersey Tax Court and County Boards of Taxation are flooded with appeals filed by owners who are asserting that their property values have declined and that a reduction of a property’s assessment and taxes is warranted... Read More
Tax Exemption does not require “lawful use” under zoning ordinance
A New Jersey appellate court reversed a State Tax Court judge’s opinion by holding that N.J.S.A. 54:4-3.6 does not require that a property be used in a manner permitted by a municipality’s zoning ordinance. The subject property consisted of a two and one-half story home which had previously housed nuns in connection with an adjoining school. ... Read More
Tax Appeal Seminar to Feature McKirdy & Riskin Attorneys
McKirdy & Riskin partners Thomas Olson and Anthony DellaPelle will be featured as panelists, along with appraiser and builder David Bossart, at an upcoming seminar sponsored by the Community Builders and Remodelers Association: “Real Estate Tax Appeals: Reducing Property Taxes in a Down Real Estate Market — What you need to know about appealing your property tax... Read More
Kearny Tax Structure Upheld on Appeal
Property Owners’ Due Process Rights Not Violated by Kearny Tax Structure A New Jersey appellate court has affirmed a Tax Court judge’s decision to dismiss a trade association’s complaint against the Town of Kearny. Plaintiffs argued that Kearny’s tax structure imposed charges for withheld services and created excessive assessments. Their complaint alleged Kearny’s tax structure was arbitrary... Read More
April 1, 2011 Tax Appeal Deadline Looms
REDUCING REAL PROPERTY TAX EXPENSES IN THE CURRENT REAL ESTATE MARKET As certain sectors of the real estate market in New Jersey continue to be in flux, owners, operators and property managers of commercial, industrial and other investment properties may look to reduce real estate tax expenses by considering an appeal of their 2011 local... Read More
