1. What was the market value of my property on the preceding October 1, the statutory assessment date?
2. Can I support my opinion of market value with credible evidence?
3. If a reassessment/revaluation was applied in the current tax year, is my property assessed in excess of its market value?
4. If a revaluation/reassessment was not implemented, does my assessment exceed market value or does the ratio of my property’s assessed value to its market value exceed the upper limit of the common level range?
Deadlines to Remember:
1. Tax appeals are on assessments only, not taxes, and must be filed by April 1 of tax year; or 45 days from date of bulk mailing of Assessment Notices, whichever is later; May 1st of tax year if revalued or reassessed; or (December 1st for ADDED and OMITTED ASSESSMENTS).
2. All evidence must be submitted to the Assessor and Tax Board at least 7 days prior to the hearing.
Filing Fees:
Assessed valuation less than $150,000: $ 5 $150,000 but less than $500,000: $ 25 $500,000 but less than $1,000,000: $100 $1,000,000 or more: $150 Property Classification:$ 25 No fee is required to contest denial of Deduction for Senior Citizens/Disabled Persons or their Surviving Spouses; Veterans, Surviving Spouses of Veterans or Servicepersons; an Exemption for Disabled Veterans or Surviving Spouses of such Veterans; or REAP (Regional Efficiency Aid Program) credits/benefits.