BLOG: Property Tax Appeal

Want To File A Property Tax Appeal? You Gotta Pay! Except When…

by: Allan Zhang
11 Aug 2022
So, you just received your property tax bill and noticed the payment has increased and now want to reduce your property taxes.  Easier said than done, but do you have to pay the higher taxes in order to file the appeal? Usually, the answer is a resounding “yes.” This recent Tax Court opinion from Presiding... Read More

Morristown To Undergo Property Tax Revaluation

by: Anthony F. Della Pelle
4 Aug 2022
The Town of Morristown recently confirmed that it will be undertaking a municipal-wide revaluation of all properties in the Town, for the first time since a 2004 revaluation was performed. A revaluation program involves the mass appraisal and reassessment of all real property in a taxing district and is performed by an outside professional appraisal... Read More

New Tax Court Rules Proposed

by: Matthew Erickson
1 Aug 2022
On July 15, 2022, the New Jersey Supreme Court issued a Notice to the Bar which proposed changes to the New Jersey Court rules which would address Appellate Division opinions which are published in the New Jersey Tax Reports.  The proposed changes are open to comments through August 15, 2022. The Notice to the Bar... Read More

Do Me a Favor, Open The Door, and Let ‘Em In!

by: Anthony F. Della Pelle
26 Jul 2022
“Someone’s knockin’ at the door Somebody’s ringin’ the bell Someone’s knockin’ at the door Somebody’s ringin’ the bell Do me a favor Open the door and let ’em in” Paul McCartney, 1976 A recent opinion by the Tax Court of New Jersey reminded us of the Wings classic “Let Em In”, written by Paul McCartney... Read More

Governor Murphy’s ANCHOR Program Could Lead To “Truly Historic” Tax Relief

by: Allan Zhang
30 Jun 2022
It is nothing new that New Jersey homeowners pay the highest property taxes in the country, with average tax bills in 2021 around $9,200. Much-needed property tax relief could be on the way if approved as part of Governor Murphy’s state budget proposal for Fiscal Year 2023, beginning July 1. The new state program supported... Read More

Failure to Read Ordinance Leads to Appraisal’s “Fatal Flaw”

by: Allan Zhang
26 May 2022
In two recent related matters, both with years 2016-2020 pending, Phillipsburg Mall c/o Namdar Realty Corp. v. Lopatcong Twp. and Phillipsburg Mall c/o Namdar Realty Corp. v. Pohatcong Twp., defendants filed motions under R. 4:40-1 for entry of judgments at trial. Judge Joshua Novin, J.T.C., granted defendants’ motions and affirmed the property tax assessments. The... Read More

Tax Court Declines to Increase Property Tax Assessments for Carteret Property

by: Matthew Erickson
14 Feb 2022
The Tax Court of New Jersey recently rendered a seventeen (17) page opinion in Carteret Holdings Urban Renewal, LLC v. Carteret Borough (hereafter “Carteret Holdings”) that affirmed the 2018 and 2019 tax assessments for a garden-style apartment complex located in Carteret Borough, Middlesex County, New Jersey. The unpublished opinion, written by the Hon. Mala Sundar,... Read More

Property Tax Relief Legislation Advances Through NJ Senate Committee

by: Matthew Erickson
10 Feb 2022
On January 27, 2022, the New Jersey Senate Community and Urban Affairs Committee unanimously approved two pieces of legislation impacting New Jersey property taxes.  These proposed bills, S330 and S343, are lawmaker’s attempts to give some measure of property tax relief to New Jersey residents.  Though they both take very different approaches to that relief,... Read More

New Jersey Enacts New Changes to the Casino Property Stabilization Act

by: Matthew Erickson
12 Jan 2022
On December 21, 2021, the Governor of New Jersey signed into law S4007, a bill that is meant to address the property tax payments made by Atlantic City Casinos.  Previously, on December 20, 2021, the New Jersey Senate and the New Jersey Assembly had passed the bill with narrow margins. The Casino Property Stabilization Act... Read More

How To Win Your Property Tax Appeal? Here Are 5 Steps To Follow

by: Michael Realbuto
3 Jan 2022
It is important for New Jersey property owners to understand that property taxes are not fixed expenses. Successfully appealing your tax assessment may create opportunities for hundreds or even thousands of dollars in yearly savings. With that being said, below are five basic steps that can increase your chances of winning a tax appeal: Identify... Read More