What Can a Tax Lawyer Do Appealing Property Tax Assessments?
Time to appeal over assessments
If your property is over assessed, even by as little as 1%, you can have a real estate tax appeal. This special provision only applies this year -2013 because this is a revaluation year. Normally, unless your property is valued more than 15% above fair market value, you cannot appeal.
What should you do if you believe your property is over assessed?
First call your tax attorney, Ronald J Cappuccio, J. D., LL.M. (Tax) at 856-665-2121. As tax attorney, we can discuss this matter and see whether or not it is appropriate to obtain a real estate appraisal and begin the process of appealing the assessment:
- Review the Moorestown Assessment
- Work with Real Estate Appraiser for Actual Value
- Gather facts and evidence to show property is Over assessed
- Negotiate with Assessor using Appraisal and Evidence
- Negotiate with Township Attorney
- File
Appeal with Burlington County Board of Taxation or NJ Tax Court
What is the process to appeal an assessment?
If the property appears to be significantly over assessed, we will arrange for an appropriate real estate appraiser to give us a fair market appraisal of your property.
Secondly, we will discuss this with the Moorestown tax assessor and explain why your property is over assessed.
If the tax assessor will not agree, then we will file an appeal to the Burlington County Board for a hearing to determine fair market value. If your property is worth more than $1 million, we may file an action directly in the New Jersey Tax Court.
Once we win before the county board or New Jersey Tax Court, Moorestown will not be able to increase the assessment of your property for 3 years.