Real Estate Analysis and Commentary in New Jersey

New Jersey Property Tax Appeals - What Homeowners Need to Know
April 16th, 2025 9:44 AM

By Cardwell Thaxton, Licensed Real Estate Appraiser | Tight & Right Real Estate Valuation

Receiving a higher property tax bill can be unsettling. If you believe your home's assessed value doesn't reflect its true market value, you have the right to appeal.

Understanding Property Tax Assessments

Property taxes are based on your home's assessed value, which may not always align with current market conditions. Factors like outdated assessments or overlooked property issues can lead to overvaluation.

When to Consider an Appeal

You might have grounds for an appeal if:

  • Your tax bill increased significantly from the previous year.

  • Similar homes in your area are assessed at lower values.

  • The assessment doesn't account for property defects or market declines.

The Role of an Independent Appraiser

An unbiased, professional appraisal strengthens your appeal by providing:

  • A comprehensive market-based valuation.

  • Credible documentation for hearings.

  • Expert testimony if required.

The Appeal Process

  1. Consultation: Discuss your concerns and the appeal timeline.

  2. Appraisal: Conduct a thorough property evaluation.

  3. Report Delivery: Receive a detailed appraisal report.

  4. Hearing Support: Representation during the appeal hearing.

Service Areas

Proudly serving homeowners in:

  • Essex County

  • Union County

  • Camden County

  • Gloucester County

  • Burlington County

  • Middlesex County

  • Mercer County

FAQs

Q: When is the deadline to appeal in New Jersey?
A: Generally, April 1st. However, if your municipality underwent a reassessment or revaluation, the deadline is May 1st. (secure.njappealonline.com)

Q: Can I appeal a commercial property assessment?
A: My services focus exclusively on residential properties.

Q: Do I need to attend the appeal hearing?
A: While not mandatory, your presence, along with your appraiser, can strengthen your case.

Q: How much does an appraisal cost?
A: Fees vary based on property specifics. Contact me for a personalized quote.

Don't overpay on your property taxes.
Call: (908) 456-1593
Visit: tightandrightrealestatevaluation.com
Email: CardwellThaxton@gmail.com


Posted by Cardwell Thaxton on April 16th, 2025 9:44 AMPost a Comment

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