A new decision from the New Jersey Tax Court has made it clear that people in the state have the right to a fair appeals process. After a resident asked for more information and didn’t get it, the court said that a New Jersey city couldn’t limit the scope of their appeal because the request wasn’t properly sent to them.
Folks in New Jersey can question how much their property taxes are calculated. You have 45 days from the date of the County Board of Taxation’s decision to file your appeal with the Tax Court. If the land is worth more than $1 million, the Tax Court of New Jersey can hear the case directly.
The Tax Court of New Jersey’s latest decision shows how important it is to give taxpayers all the necessary information during the appeals process. Taxpayers should have a fair chance to make their case and show proof to back up their request.
In New Jersey, people who want to appeal must provide solid proof to back up their case. Along with photos of the property in question, comparable sales of three to five other properties with similar features should be sent with the appeal when it is filed.
People who owe money to the government can appeal to the Tax Court of New Jersey if they are unhappy with the decision made at their County Tax Board meeting.
However, taxpayers have to show that their estimated value is unfair or too high, and doesn’t match either the True Market Value or the Common Level Range Standard.
Most taxing districts use a range that is plus or minus 15% of the average as their level range. If the assessment ratio is higher than the county level by more than 15%, the average ratio is used to lower the taxed value.
Finally, the Tax Court of New Jersey’s latest decision shows how important it is to give taxpayers all the necessary information during the appeals process. New Jersey taxpayers have the right to a fair appeals process, especially when it comes to getting important information.
Taxpayers who want to appeal must provide solid proof to back up their case. If they are unhappy with the decision made at their County Tax Board meeting, they can file an appeal with the Tax Court of New Jersey.