U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New Jersey
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-02-2011, 07:47 AM
 
Location: NJ
7 posts, read 14,235 times
Reputation: 10

Advertisements

Essentially, my property tax bill went up approx. 24%.

My tax assessor tells me "Actually, you're tax rate went down". Sure, it did, technically.

My assessed value of my condo went up approx. 52%.

Impressive moves, town, technically dropping the property tax rate but increasing most peoples property values. Well played, pols.

Anyone else experience something like this?
I just find this to be outrageous and feel like a rube.
Reply With Quote Quick reply to this message

 
Old 11-02-2011, 07:51 AM
 
Location: NJ
12,284 posts, read 30,949,306 times
Reputation: 5190
please search the forum for this. it's been discussed ad nauseum.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 07:53 AM
 
Location: NJ
12,284 posts, read 30,949,306 times
Reputation: 5190
in fact, i'll help you - read this thread. it applies to you.

72.32% property tax increase in Harrison Twp.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 07:54 AM
 
13,566 posts, read 16,078,259 times
Reputation: 18037
While it is not unusual to wind up with a higher assessment, and thus, higher property taxes, I would have to question how the assessed valuation of a house or condo could possibly rise 52% in a depressed real estate market!

I would suggest two things for you to do:
  • Schedule an appointment with the local Tax Assessor, in order to get answers regarding how/why your assessment rose to such an incredible extent.
  • Consider filing an appeal at the county level.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 07:59 AM
 
Location: NJ
12,284 posts, read 30,949,306 times
Reputation: 5190
Quote:
Originally Posted by Retriever View Post
While it is not unusual to wind up with a higher assessment, and thus, higher property taxes, I would have to question how the assessed valuation of a house or condo could possibly rise 52% in a depressed real estate market!

I would suggest two things for you to do:
  • Schedule an appointment with the local Tax Assessor, in order to get answers regarding how/why your assessment rose to such an incredible extent.
  • Consider filing an appeal at the county level.
i love ya retriever, but higher assessment does NOT necessarily equal higher taxes! this is probably the #1 misconception about this whole process. i have friends whose "values" rose 100+% yet their taxes went down. Read the thread I posted.

bayonne hasn't been assessed in forever and if they were to do one now, some of the older houses would increase by 300%! even in this depressed market.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 08:05 AM
 
Location: NJ
7 posts, read 14,235 times
Reputation: 10
Quote:
Originally Posted by tahiti View Post
in fact, i'll help you - read this thread. it applies to you.

72.32% property tax increase in Harrison Twp.
I hate being the guy who posts the rambling thread and gets owned by a "Do a Search" thread.

My bad. Been lurking here for a while - I just needed to vent and this seemed like an appropriate place.

#schooled.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 08:16 AM
 
Location: NJ
7 posts, read 14,235 times
Reputation: 10
Quote:
Originally Posted by tahiti View Post
i love ya retriever, but higher assessment does NOT necessarily equal higher taxes! this is probably the #1 misconception about this whole process. i have friends whose "values" rose 100+% yet their taxes went down. Read the thread I posted.

bayonne hasn't been assessed in forever and if they were to do one now, some of the older houses would increase by 300%! even in this depressed market.

My assessed value rose about 53%...
My property tax rate apparently dropped .5% or so...
My actual tax bill rose 22%.

Forgive me if my numbers are off by a hair... I went to the tax assessor, got the talking on, got my information, and just couldn't look at it anymore due to my general disgust.

I pay approx. $6+/sq.ft. in property tax on my 1 bedroom condo. How is this possible, .gov?

Time to move.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 08:17 AM
 
13,566 posts, read 16,078,259 times
Reputation: 18037
Quote:
Originally Posted by tahiti View Post
i love ya retriever, but higher assessment does NOT necessarily equal higher taxes! this is probably the #1 misconception about this whole process. i have friends whose "values" rose 100+% yet their taxes went down. Read the thread I posted.

bayonne hasn't been assessed in forever and if they were to do one now, some of the older houses would increase by 300%! even in this depressed market.
I luv ya too, tahiti, but you have misquoted me!

I did not say that a higher assessment always means higher taxes, but it is true that an increase in one's assessment can lead to higher taxes, despite the rate per $1,000 of assessed value being reduced. It all depends on the amount of increase in assessed value vs the decrease in the tax rate.

With property taxes, it's all a numbers game, and sometimes you win, but sometimes you lose.
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 08:33 AM
 
Location: NJ
7 posts, read 14,235 times
Reputation: 10
Quote:
Originally Posted by Retriever View Post

With property taxes, it's all a numbers game, and sometimes you win, but sometimes you lose.
Where is the "winners" section in NJ?
Reply With Quote Quick reply to this message
 
Old 11-02-2011, 08:46 AM
 
Location: New Jersey
8,138 posts, read 11,874,542 times
Reputation: 7506
Quote:
Originally Posted by billyvegas View Post
Where is the "winners" section in NJ?
They all moved out of state.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New Jersey
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top