I went to this workshop, the deadline is April 1st. During a reval year, it is May 1st.

Seems like this year's tax appeal court dates will be a bit later than normal. They said they'll be mailing out the dates in May/June timeframe. I remember last year, I was done with court appearance by the end of April. (I think....).

March 9th - Political Insider Column - Jersey Journal

-- For you taxpayers, there is a property tax appeal seminar Monday at 7 p.m. in the Pershing Field Community Center Building, 201 Central Ave., Jersey City. It is free and sponsored by a couple of local groups, including the Jersey City Political Action Committee. The lawyers who provided tips in past seminars are from the firm of McKirdy & Riski, P.A. of Morristown. Attorneys Thomas Olson, a Jersey City resident, and Cory Kestner are expected to attend.

When did the JC equalization rate change from around 26% to 33%? And isn't that a revaluation by stealth?

It mightn't seem a lot, but take an average assessed value of $100,000. At 26% equalization rate, that implies a market value of $384,615 (100k/0.26). Under a 33% equalization it implies a market value of $303,030 (100k/0.33). That's 27% lower than before.

To successfully appeal, you need to show your implied market value is more than 15% higher than recent comparable sales. So under 26%, you needed to show your property was worth $334.5k or less (384k/1.15). Under 33%, you would need to show your property is worth $263.5k or less ($303k/1.15).

With the 33% equalization rate, it means that it's going to be much tougher to successfully appeal this year.

Another property tax appeal sponsored by Esther Wintner for all Jersey City residents. The 30 video only gave you the highlights, from the longer presentation. The deadline is April 1 if you plan to appeal.

Quote:

Thank goodness for this video! I thought I knew after doing a few of these, but looks like I messed up on the Sales Code. I have to go replace 2 out of 5 my comps. Yikes. Thank goodness I've been too busy to turn it in.

I don't know where the link went, but here is the video of the Property Tax Appeal Workshop.

http://youtu.be/4dAxSKDj7yo