Tea and Taxes

 

Tea and Taxes – A Workshop in Property Tax Appeals sponsored by the Allison Ziefert Real Estate Group and Sarah Maloney of Finance of America

 

Are your real estate taxes too high?

Can your taxes be appealed?

What is the appeals process?

 

Many property owners believe that their property tax assessments can not be changed, but that is not necessarily true. Tax assessments hinge on the assessor’s calculation of the market value of a property, and sometimes these calculations are incorrect or not reflective of the current market value of a property. Property taxes are a major source of revenue for New Jersey municipalities, and successful tax appeals may create hundreds or thousands of dollars in savings for New Jersey homeowners.

 

All real property in New Jersey must be assessed based upon its fair market value, which is the price a buyer is willing to pay for a property. Sometimes the sales price of a property and the assessed fair market value do not correlate, and a property tax appeal may be in order. If the assessment of your property exceeds its market value, you should consider appealing your property taxes.

 

Each year, property tax appeals must be filed by April 1.

 

Craig Smith of Craig Smith Appraisals will present the basics of appealing your property taxes and answer all your questions at our Tea and Taxes workshop. As a state of NJ Licensed Appraiser, Craig specializes in preparing appraisal reports for tax appeals, divorce settlements, estate settlements, and mortgage origination. Over the last 30 years, he has completed numerous appraisals for properties located in Bergen, Essex, Hudson, Morris, Passaic, and Union counties that have achieved successful assessment reductions.

 

Come to our Tea and Taxes Workshop to learn more about property tax appeals.

 

When: Saturday, December 9 at 11:30 am – 1:00 pm

Where: Keller Williams Mid-Town Direct Realty

161 Maplewood Ave., 3rd floor (entrance next to Bank of America ATM), Maplewood, NJ

 

Craig Smith can be reached at 973-714-9248. The workshop is sponsored by the Allison Ziefert Real Estate Group of Keller Williams MidTown Direct Realty and Sarah Maloney of Finance of America.

 

Tea will be served.

 

Registration is required! Click here to register.

 

 

 

The Allison Ziefert Real Estate Group is a top producing real estate group based at Keller Williams Mid-Town Direct in Maplewood, NJ. Allison Ziefert, a local market expert, specializes in Maplewood, South Orange, Millburn/Short Hills and West Orange, NJ real estate and homes, and the surrounding towns. Allison’s success as a Maplewood/South Orange realtor is driven by earning great testimonials from sellers and buyers of homes in her marketplace. You can read her testimonials at www.azhomesnj.com/testimonials.