New Jersey Property Tax Appeals Attorneys
The manner and means for assessing property taxes in New Jersey is governed by Article VIII, Section 1, paragraph 1 of the New Jersey Constitution and the implementing legislation found in N.J.S.A. 54:4-1 et seq. New Jersey tax payers have a right to file a property tax appeal on the assessment of their residential or commerical realestate.
In today's economy, every dollar is important and the amount you pay on property taxes can have a huge impact on your finances. Property value is measured by the true value or market value. In other words, property taxes are assessed by what a knowledgeable buyer would pay a willing, knowledgeable seller on the open market at a bona fide sale as of the statutory October 1 pretax year assessment date. When the real estate market took a dive a few years ago property values dramatically decreased, but local governments are of course reluctant to voluntarily decrease the amount of taxes lobbied on a particular property.
For New Jersey Property Tax Appeals to be processed forms, evidences and other pivotal evidence must be presented before the County Board of Taxation for evaluation. Many tax payers become disenfranchised and give up the fight, but our attorneys are experienced in property tax appeals and get the job done.
Bell, Shivas & Fasalo, P.C. has represented municipal governments for nearly thirty years. Our attorneys have advocated countless tax appeals on behalf of New Jersey Municipalities and understand what it takes to prevail on these matters. Accordingly, we are able to offer our clients unparalled experience and the potential to obtain the benefit of tremendous annual tax savings.
Tell us about your case or call to schedule an appointment today.