Insights

If you or your organization owns or leases real property in New Jersey, you might be overassessed, especially in light of the sweeping economic downturn that is affecting real property values. A real property tax appeal can result in a favorable settlement for the taxpayer and reduce current and future taxes owed. The April 1, 2011, deadline to file an appeal is quickly approaching; contact us and we can quickly analyze your assessment and recommend the best course of action that may benefit your bottom line. Assessment cards are generally mailed to each property owner of record in late January or early February.

Day Pitney's Tax Appeal Team has:

• More than 30 years of experience in property tax appeals and assessment challenges, tax certiorari proceedings, and tax exemption disputes;
• Substantial experience in handling commercial and industrial facilities, large residential properties, and corporate facilities of all shapes and sizes, including all classes of office facilities, hotels, casinos, vacant land, multiuse facilities and corporate headquarters properties;
• Significant experience advising charitable, community, and educational nonprofit organizations with regard to exemptions from real property taxation; and
• A comprehensive databank of forms and research and a vast network of experts including appraisers, economists, casino experts, auto industry experts, brokers, architects, planners, engineers, traffic experts, environmental experts, and many more.

Please contact us if you wish to discuss a potential tax appeal. We would be happy to discuss your situation.