New Jersey Property Tax Assessment Appeals: Are You Paying Too Much? New Jersey 2023 Real Estate Property Tax Assessments
Despite the ongoing real estate market activity, many real estate property owners in New Jersey may be paying more than their fair share of New Jersey Real Estate Taxes as a direct result of the market, economy and other factors. Factors include property sales & rental rates, property appreciation or depreciation. Also, the recently imposed caps on the annual deduction amounts amongst others also has affected real estate values, along with other data used for assessment valuation determination purposes. These are compelling reasons to review property tax assessments now. Current and applicable real property data and appraisals can serve as support and evidence for review and determination as to a formal tax assessment appeals at the County or State Tax Court seeking to reduce property assessment valuations. Call us at 856.428.5577 to discuss your real property assessment and about reducing your real estate taxes.
DiMedio Law is a New Jersey Business & Real Estate law firm whose practice includes real property and estate planning matters. Contact us at [email protected] or call us at 856-428-5577.