How to re-evaluate property tax? (Toms River, Asbury Park: house, buying, income)

[td2456]

Just bought a house recently, found the property tax pretty high. Does anyone have advice on how to re-evaluate property tax? Is there any chance it will go even higher after the re-evaluation?

Thanks a lot!

[NatasNJ]

Did you not know about the property taxes before buying the house?

[jerseyj]

Originally Posted by td2456

Just bought a house recently, found the property tax pretty high. Does anyone have advice on how to re-evaluate property tax? Is there any chance it will go even higher after the re-evaluation?

Thanks a lot!

We didn't formally challenge our tax evaluation but took our case to our township tax assessor.
He had his value of our home based on their knowledge of what was in the home.
We were able to refute several of their assumptions of the improvements to our home and were able to knock 40K off the assessed value of of house.

I suggest you start with your local tax assessor.
Good luck!

[tahiti]

here's a recent thread.

[BrianH1970]

These poor people on Bay Ave in Toms River had their property taxes shoot up by about 10,000 dollars.

30 homeowners get tax refund, but face payment | APP.com | Asbury Park Press

Granted, they're being refunded the difference (only after they pay an extra 2,145 per fiscal quarter), but now I'm wondering...are they going to be reassessed again when the township reassessment begins next year? What happens to them?

"I want the town citizens to look out for the index card coming out in February. Just because my appraisal went up, I didn't know my taxes were jumping $10,000," Allen Boyd said.

Under the resolution, the Boyds, and the rest of the homeowners being refunded money, can appeal their assessments by next year's deadline. But the Boyds, who have a 13-month-old daughter and another baby on the way, don't know what they will do. Because they can't afford the tax assessment with their combined income of roughly $80,000, their only options are to appeal the assessment or sell their home, they said. Allen Boyd works as an electrician, and Danielle Boyd works as a technology assistant.