Viewing a single comment thread. View all comments

micmaher99 t1_itodb8d wrote

For anyone who bought this year, you can use the comparable sales in the appraisal you got for mortgage in your tax appeal, fill out the form online for $30, and there no need to pay an attorney. I did it myself this year. Everything you need is your sale price and in the appraisal. The website is https://secure.njappealonline.com

You need to look up the assessment, then the equalization ratio, to get to what the city thinks the market value is. Compare that to what you paid. In NJ as long as it's off by more than 10% it should be a pretty painless appeal. But basically if an attorney sent you the paperwork all the info is right there, except if you do it yourself you'll save the several hundred to a couple thousands of dollars in attorney fees.

3

Ok_Flight2055 t1_iu6evon wrote

With all due respect the assessor's margin of error is 15%. The sale price of your property is not relevant unless it was within the assessing period of 10/1/21 - 10/1/22 for a 2023 appeal. Appraisal reports for financing are not admissible as evidence before the tax board unless the appraiser is at the hearing to testify..

As an appraiser providing tax appeal consulting services in Hudson County for over 35 years your information is very misleading.

Attorneys are not your enemy if you hire a good one who knows the tax appeal process. Many solicitor companies out there who have no clue.

Local appraisal experts are typically your best option to determine if your property is over assessed before you file an appeal.

0

micmaher99 t1_iu8qz3i wrote

I'm telling you what I did to get my property tax lowered via the online portal earlier this year. Yes the pdf explaining the appeal process says the appraisal for financing is not admissable as evidence before the tax board unless the appraiser is at the hearing. But I submitted the appraisal as evidence and the assessor settled before a hearing.

My sale was outside the October - October date range. So were all of the comps in my financing appraisal. My appeal was still successful.

You're correct on the 15% threshold, good call there.

I'm sure for more complex property tax appeals or for higher value properties you need an appraisal where the purpose and use is a property tax appeal, but for a 1 or 2 bedroom condo with a recent sale price that shows the assessment is wrong by 15%+, my experience is the assessor will lower the assessment if you file the appeal yourself.

Edit to say your post makes a lot more sense when I see your other posts are advertising for tax appeal services.

1

Ok_Flight2055 t1_iub307z wrote

I understand and agree with you but no disrespect intended by my response.

1