BLOG: Property Tax Appeal

Property Tax Relief Legislation Advances Through NJ Senate Committee

by: Matthew Erickson
10 Feb 2022
NJ Property Tax Relief On January 27, 2022, the New Jersey Senate Community and Urban Affairs Committee unanimously approved two pieces of legislation impacting New Jersey property taxes.  These proposed bills, S330 and S343, are lawmaker’s attempts to give some measure of property tax relief to New Jersey residents.  Though they both take very different... Read More

New Jersey Enacts New Changes to the Casino Property Stabilization Act

by: Matthew Erickson
12 Jan 2022
On December 21, 2021, the Governor of New Jersey signed into law S4007, a bill that is meant to address the property tax payments made by Atlantic City Casinos.  Previously, on December 20, 2021, the New Jersey Senate and the New Jersey Assembly had passed the bill with narrow margins. The Casino Property Stabilization Act... Read More

How To Win Your Property Tax Appeal? Here Are 5 Steps To Follow

by: Michael Realbuto
Sign a house sale agreement
3 Jan 2022
Understanding how to win a property tax appeal is crucial for New Jersey property owners, as property taxes are not fixed expenses. Successfully appealing your tax assessment may create opportunities for hundreds or even thousands of dollars in yearly savings. With that being said, below are five basic steps that can increase your chances of... Read More

Farmland Assessment Case Won’t Be Decided ‘Till the Cows Come Home

by: Michael Realbuto
1 Nov 2021
A recent Tax Court decision in 187 Dey Road Association, LLC v. South Brunswick by the Honorable Mark Cimino, J.T.C., chose not to address whether a 65-acre parcel of property should receive a farmland assessment or be obligated to pay rollback taxes. Rather, the Court held that summary judgment was inappropriate due to the factual... Read More

Tax Assessors Rejoice! App. Div. Allows Municipal Assessors to Serve as an Experts for Taxpayers Outside Their Municipality

by: Michael Realbuto
5 Oct 2021
A recent Appellate Division opinion in VNO 1105 State Hwy 36, LLC v. Twp. of Hazlet reversed a N.J. Tax Court order barring Theodore Lamicella, the Wall Township tax assessor, from testifying on behalf of a Hazlet Township property owner in a tax appeal. Plaintiff-taxpayer owned property in Hazlet Township, New Jersey tax appeals filed... Read More

Tax Court Reduces Multi-Year Tax Assessments for NJ Shopping Center

by: Michael Realbuto
28 Sep 2021
On September 13, 2021, New Jersey Tax Court rendered a fifty-four (54) page opinion in Green Eagle Property Resources, LP v. Mansfield Township (hereafter “Green Eagle”) that reduced the 2014, 2015, 2016, 2017, and 2018, multi-year tax assessments for a community shopping center located at 1885 State Route 57, Mansfield Township, Warren County, New Jersey.... Read More

Navigating Eminent Domain Claims and Tax Appeals: A Guide

by: Michael Realbuto
Business people discussion advisor concept
16 Sep 2021
Understanding the nuances of an eminent domain claim is paramount for protecting one’s assets and rights in the complex world of property ownership and investment. Among the intricate intersections of law that property owners may face is the convergence of eminent domain claims and tax appeals. This blog aims to elucidate this overlap, offering guidance... Read More

Reminder: Taxpayers Bear a Heavy Burden in Overcoming the Presumption of Correctness Afforded to Assessments

by: Michael Realbuto
10 Sep 2021
The New Jersey Tax Court has, once again, reiterated that taxpayers must produce sufficient evidence of true property value to overcome the presumption of validity that attaches to a county board of taxation’s assessment determination. In Faber v. Toms River Township, a self-represented taxpayer filed a complaint with the Tax Court contesting a judgment issued... Read More

Tax Court Affirms Standing To File An Appeal Under Long Term Tax Exemption Law (“LTTEL”)

by: Thomas Olson
3 Aug 2021
A recent Tax Court opinion by the Honorable Joshua D. Novin examined whether a property owner possessed standing to bring a tax appeal when the property was part of a redevelopment project subject to a financial agreement under the Long Term Tax Exemption Law (“LTTEL”) and whether the Court possessed jurisdiction to adjudicate same. Here,... Read More

Appellate Court: Ensure Your Address Is Current With The Tax Assessor, Or It May Cost You

by: Thomas Olson
18 Jun 2021
The Appellate Division recently decided a case between the City of Newark and IMJ1, LLC, regarding three parcels of property which IMJ1 owned in Newark. The three parcels of property were purchased in January 2017 and were characterized by IMJ1’s counsel as being abandoned. From January 2017 through the present day, IMJ1 never paid the... Read More