BLOG: Property Tax Appeal
Property Tax Appeals in New Jersey – Increased Volume Meets Resistance
An article by Dave Sheingold in today’s Record highlights a trend regarding real estate tax appeals in New Jersey which we have seen develop in recent years, as the real estate market continues to be in flux and droves of property owners have tried to reduce expenses by filing property tax appeals. The message from... Read More
New Jersey Farmer Growing More Dedicated in Fight Against Eminent Domain
Today’s Daily Record featured this article by reporter Cara Townsend which highlighted Todd Kuehm, a fourth generation New Jersey farmer, and his fight against the Township of Montville’s use of eminent domain on his 28 acre farm. The article covers the history of the litigation from the Township adopting ordinances which denied him the ability to install a... Read More
Time For A Checkup On Your Property Taxes? It’s Not Too Late!
Owners, operators and property managers of commercial, industrial and other investment properties in New Jersey may look to reduce real estate tax expenses by considering an appeal of their 2012 local property tax assessments. By now, the local tax assessor in every municipality across New Jersey should have notified each taxpayer by mail – usually a white... Read More
NY taxpayers take Nassau County to court to force payment of property tax refunds.
A taxpayer that prevails in a real estate tax appeal is entitled to a refund of any overpayments in taxes that were based on the old assessment. In New Jersey we have seen more and more municipalities request additional time beyond the standard sixty (60) days to issue the refund. Municipalities are more frequently not... Read More
House Passes Anti-Kelo Eminent Domain Bill
The United States House of Representatives this week passed bipartisan legislation that proposes to withhold for two years all federal development funding to states or local governments that take private property for economic development. The bill, labeled the Private Property Rights Protection Act (H.R. 1443), also bars the federal government from using eminent domain for... Read More
Eminent Domain Abuse Sign is Protected Speech
The United States Supreme Court declined to review a lower court’s decision which held that part of an ordinance adopted by St. Louis, Missouri, to force the removal of a sign protesting eminent domain violated the property owner’s First Amendment right to free speech. In 2007, the property owner commissioned a 360-square-foot mural which proclaimed... Read More
Interactive Map Puts Spotlight on New Jersey’s Crushing Tax Burden
NJ Spotlight has created a tax map which displays the average 2011 tax burden for property owners by municipality, and how that may have changed since 2009. According to the Tax Foundation, since 2009 New Jersey’s median property taxes are the highest in the nation, and the state also ranked first when comparing property taxes as... Read More
Buonocore Named Eminent Domain Lawyer of the Year
Best Lawyers, the oldest and most respected peer-review publication in the legal profession, has named McKirdy & Riskin’s John H. Buonocore, Jr. as the “Newark Area Best Lawyers Eminent Domain and Condemnation Lawyer of the Year” for 2012. Best Lawyers is designating “Lawyers of the Year” in high-profile legal specialties in large legal communities. Only a single lawyer... Read More
Appellate Division Gives Train Case One-way Ticket Back to ALJ with Remand
Norfolk Southern Railway Company petitioned the New Jersey Department of Transportation for authorization to acquire the neighboring property owned by Intermodal Properties, LLC, by eminent domain after the property owner refused an arms-length sale. Railroads, as a public utility, can receive authorization under N.J.S.A. 48:12-35.1 once they show that the land is needed for a... Read More
Red Card for Red Bull Soccer Stadium
Like a referee ejecting a soccer player for overly aggressive play, the New Jersey Tax Court has thrown out a tax appeal that claimed Red Bull Arena, home to the New York Red Bulls Soccer Club, is a tax-exempt entity. The arena sits on a 12-acre parcel that is located within a designated redevelopment area... Read More
