Property Tax Appeals – Don’t Miss the Deadline

Louis A. Felicetta's Property Tax Legal Blogs

Licensed for 17 years

Attorney in Toms River, NJ

Louis A. Felicetta

Free initial consultation, Credit cards accepted, Fixed hourly rates

Serving Toms River, NJ

  • Serving Toms River, NJ

  • Free initial consultation, Credit cards accepted, Fixed hourly rates

Partner at firm Carluccio, Leone, Dimon, Doyle & Sacks, L.L.C.

Serving Toms River, NJ

Free initial consultation, Credit cards accepted, Fixed hourly rates

Awards AV Preeminent

Does your
property?s tax assessment properly reflect the correct current market value?
Chances are it doesn?t because of the continuing downward turn in real estate
prices in our area.

If you haven?t
already, you will receive a post card from your municipality telling you the
assessment of your property. The only way to effectively reduce your local
property tax, whether for your residential or commercial property, is by
reducing the assessment the township has placed on your property. You have a
limited time to appeal that assessment given by your municipality. While
the law presumes that the assessment is valid, you have the right to
challenge the assessment. That is done by filing an appeal with the County
Board of Taxation. Included in the appeal is a form to be filled out as
well as a certification that it has been delivered to several municipal offices
and the county office. Negotiations are usually had once an appeal is filed
with the Municipal Assessor. In certain cases an appraiser is hired to provide
an appraisal based upon recent comparable sales. The deadline for filing a tax
appeal is April 1, 2012 and no extensions are granted.

Taxpayers may
find the entire appeal process very challenging. That is where an attorney can
assist in relieving the taxpayer of the stress and time associated with the
appeal. In the past three years our firm has helped thousands of taxpayers,
throughout Ocean County and Monmouth County, collectively obtain assessment
reductions resulting in lessening their overall tax burden by over $1 million.
Reducing an assessment in one year will provide a reduced assessment often for
years to come because that assessment remains constant until the municipality
reassesses the entire township. For instance, such revaluations did not occur
until fifteen years after the prior one in Brick and Toms River.

Generally we
work on a contingent fee, so that no fee is paid unless we successfully obtain
a reduction in your taxes. While a reduction will benefit you for years to come
our fee is only based upon the savings for the first year and is only a portion
of that savings. The filing fee, depending upon the assessment of your
property, is between $25 and $150. The filing of an appeal, the negotiations
and possible hearing that takes places subsequently can be a difficult process
for the lay person.

Hopefully our
experience in the area of law can provide a service to you that will be
financially meaningful. We are prepared to offer a free telephone consultation
with any taxpayer who wants to find out more about the process and the
possibilities of having their taxes reduced. We know that the past results we
have obtained for our many clients does not guarantee future decisions. We hope
though that you will find that our experience and knowledge will assist you in
providing a beneficial outcome. Please remember that there is a deadline and
the paperwork needs to be filed in the proper way and in a timely manner.

The deadline for
filing a tax appeal is April 1, 2012 and no extensions are granted. Contact our
offices to discuss your options.

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