SPRINGFIELD, NJ—New Jersey commercial property owners andinvestors need to keep close tabs on local property tax assessmentsto ensure that their properties are fairly valued, or they may beoverpaying taxes, warns a New Jersey attorney specializing inproperty tax appeals.
Daniel Kanoff, an associate atSpringfield-based Blau & Blau, tellsGlobeSt.com exclusively that commercial propertyowners and investors should carefully evaluate assessments on theirproperties with an eye toward appeals. In most counties, taxappeals must be filed by April 1 of each year (in Monmouth County,a pilot reassessment project makes the filing date January 15).
Kanoff, who practices in the areas of propertytax appeals, eminent domain, and real estate and has appearedbefore the New Jersey Superior Court, the New Jersey Tax Court, andmany of the 21 county boards of taxation, gives property ownerssome guidance on the tax appeal process. Part two of this Q&Awill appear on GlobeSt.com tomorrow.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.