Deadline to File Property Tax Appeals Extended to May 1st in Select Municipalities

In most municipalities, the deadline to file an appeal contesting a property’s assessment for property tax purposes expired on April 1, 2009. However, in those municipalities undergoing a revaluation and reassessment, the deadline to file an appeal may have been extended, in most instances until May 1st. Notice of the 2009 assessments should have been mailed on or around February 1, 2009. 

There is still time to consider the merits of filing a tax appeal to reduce your property taxes. Unfortunately, it is apparent that the trend for commercial and industrial property values continues downward. Property owners and existing tenants responsible for property taxes could be paying unfairly high property taxes. 

 

For more information, please review the following ALERT (.PDF) prepared by Fox Rothschild’s Tax Appeal Practice Group.