BLOG:
NYC To Use Eminent Domain For Next Phase of 2nd Avenue Subway
Here is some eminent domain news from across the Hudson River regarding one of the costliest railroad expansion projects per mile in the history of the world. The Metropolitan Transportation Authority (“MTA”) has begun the eminent domain process for its second phase of the long awaited Second Avenue Subway. At the April 26, 2023, the... Read More
One Week Left! Are You Over-Assessed?
There is only one week left until the April 3 property tax appeal filing deadline for 2023 for most towns in New Jersey. For municipalities with reassessments or revaluations put into effect this year outside Monmouth County, the filing deadline is May 1. Are you over-assessed, or even comfortable that your 2023 assessment represents your... Read More
Two Week Warning! April 3 Tax Appeal Deadline Looming in New Jersey – Should You File an Appeal?
The annual filing deadline for 2023 property tax appeals in New Jersey is just around the corner – April 3, 2023 in most towns. That means there’s little time left to determine whether an appeal should be filed in an effort to reduce your tax assessment. Real property taxes are usually the second biggest expense... Read More
It’s the Same Old Song, This Time in North Carolina
“Now it’s the same old song, But with a different meaning since you been gone” Those lyrics have stood the test of time, as has the use of eminent domain power for purposes that probably were not contemplated by our founding fathers when they created the Bill of Rights to the United States Constitution and... Read More
NJ Property Taxes Are Skyrocketing – What Else is New?
A recent report concluded the obvious – along with the cost of living, the average cost of a residential property tax bill in New Jersey increased in 2022 over the average cost in 2021. While the average increase was reported to be a little over 2%, making the average residential property tax bill nearly $9500/year,... Read More
Atlantic City Casinos at Center of Property Tax Dispute
This is a reminder that, in most NJ municipalities, the deadline to file a 2023 property tax appeal is fast approaching on April 3, 2023. If you believe you may be overassessed, contact us at info@mrod.law for a complimentary evaluation of your 2023 property tax assessment. Last year, a Superior Court judge struck down a... Read More
Ocean Grove Camp Meeting Association Exemption Upheld on Appeal
A 2021 decision by the Tax Court of New Jersey that granted a property tax exemption to a local religious organization in Monmouth County was recently affirmed by the Appellate Division in a reported per curiam opinion. The Township of Neptune had appealed the determination of the Tax Court granting an exemption to the Ocean... Read More
“Too Little, Too Late” – Appeal of $118,000,000 Assessment Dismissed as Untimely
Ouch. This is a huge reminder that, in most NJ towns, property tax appeals must be filed this year on or before April 3, 2023. And you better be on time! Last month, the Tax Court of New Jersey dismissed a commercial taxpayer’s appeal of a new assessment resulting from a municipal revaluation as being... Read More
Eminent Domain and Professional Sports Worlds Collide Again
The SoCal city of Inglewood is back in the news, as it appears likely that it will be seizing private properties again in connection with its new sports and entertainment district which includes a $2 billion basketball arena that will become home to the LA Clippers professional basketball team. In early 2021, Inglewood first authorized... Read More
Morristown Property Tax Revaluation Delayed to 2024
Morristown’s first property tax revaluation in nearly 20 years looks like it will have to wait yet another year to be completed. Delays in performing inspections of the properties are the principal reason for the delay in the revaluation, which had been ordered to take place by the Morris County Tax Board and was originally... Read More
