Property Tax Appeals
April 2, 2012 was the deadline for filing a tax appeal.
Your current property assessment may not reflect the current market value. How do you know if your assessment is fair and correct? By law, the current assessment is assumed to be correct. As the taxpayer, you, or an attorney must prove that the assessed value of your property "is unreasonable compared to a market value standard" to obtain a change to your assessment.
Property Taxes are determined by your town's budgeting process. Therefore the amount of your real estate taxes are not appealable. However, the total of your real estate assessment may be appealed. A reduction in your assessment will result in lower property taxes.
A public hearing at the County Board of Taxation may be required. As the taxpayer, you are required to be present at the hearing or be represented by an attorney admitted to practice in the State of New Jersey. Business entities, other than sole proprietorships, must be represented by an attorney.
Our Tax Appeal Team has been successful in reducing assessments for residential and commercial properties in Ocean and Monmouth County towns, such as Toms River, Brick and Wall. Since 2009, our firm has helped residents save over a $1 million in tax reductions. We would like to help you save money, too.
Stephan R. Leone is an experienced real estate developer and lawyer who has handled significant commercial and residential tax appeals.
John Paul Doyle knows tax appeals from both sides in representing municipalities and numerous taxpayers for residential communities and commercial properties in 40 plus year career.
Louis A. Felicetta has successfully handled tax appeals for residential and commercial property owners in Ocean and Monmouth Counties, as well as other municipalities throughout the State.
Not sure if a tax appeal is right for you? Our experienced team will provide you with a free legal consultation.
