As the 2014 tax appeal season nears its conclusion, and as the 2015 tax appeal season is ready to begin, we look back at another great year. In 2014, while we reduced the number of tax appeal clients we agreed to represent, we still saved our clients over $3,000,000 in…
Our office previously reported on the law concerning New Jersey Rent increases. For landlords in towns that have not instituted rent control, the only requirement is that the landlord must prove that the rent increase being sought is not unconscionable. There would, therefore, be no preset percentage of allowable increase.…
In 2011, our office reported about a new proposed law that would change the tax appeal filing deadline from April 1 to January 15. The legislation was spurred by a concern that New Jersey municipalities had suffered substantial budget shortfalls as the result of Real Estate Tax Appeals being filed…
On October 29, 2012, Hurricane Sandy brought storm surges in excess of 9 feet. This was bad news for Ocean County, in which 29 of 33 municipalities border the ocean. Our office previously reported on statutory relief available to owners of properties that sustained damage during the hurricane. While the…
Throughout the year, this office has published a series of articles about real estate tax assessments. We have discussed how assessments are calculated, and how assessments can be appealed when they are too high. We have also discussed the fact that most real estate assessments in New Jersey do not…
Nearly every resident in the State of New Jersey has been affected by Hurricane Sandy. In little more than 24 hours between the dates of October 29 and October 30, New Jersey residents experienced massive flooding and storm related damage from the hurricane. In the aftermath of Sandy and the…
We are frequently asked questions regarding the necessity of the appraiser at the tax appeal hearing. For owners of more moderately priced properties, the decision is not an easy one to make. Very often, taxpayers conclude that the cost of an appraisal may exceed the savings that will be derived…
We are frequently asked questions from clients regarding the Tax Appeal filing deadline. Generally, the filing deadline for all real estate tax appeals is April 1, although the deadline is routinely extended by a month in during revaluation years. In one such matter, our firm successfully argued to the Tax…
For more than 80 years, Fort Monmouth had been a vital component of Monmouth County’s economic base. It had provided thousands of residents with jobs and housing, and has provided indirect benefits to thousands of businesses, including those in the retail sector. In April of 2005, the Pentagon recommended that…
In the State of New Jersey, the amount of real estate tax you must pay is based in part on the municipality’s “assessment” or assigned value of your property. As property values have declined over recent years, some towns have reduced their assessments in order to keep up with the…