Don't forget your Hoboken property taxes are due on Feb 10. You will not receive a new bill for this or the May taxes. Just use the voucher from your November bill.
For those who successfully appealed their taxes in 2010, you will see a credit on your voucher and a lower amount due. Enjoy!
For those lucky few who reduced their taxes by more than 25%, you had a credit balance in the 4Q bill. Please note that this amount will be mailed as a refund check at the end of February (yup, City Hall is finally getting to it). You will need to pay what it says on your voucher.
Finally, the property tax appeal season has started. If you haven't appealed your property taxes in the past few years since the real estate bubble burst, I highly recommend it. Especially since the taxes are further going up! The deadline for receipt of your appeal is April 1. If you are excel savvy, you can do the appeal yourself (perhaps with some help). The form you need is online.
You will need 5 comparable sales that help you determine the market value of your property. Here is what the Hudson County tax board says, "In order to determine the taxable value of your property, you must demonstrate what the market value of your property was as of October 1 of the preceding (pretax) year."
To read more about the appeals process, visit the Hudson County Tax board website. My earlier blogs also discuss the process and its outcomes.
May 2010 Blog: Property Tax Appeal--The Next Steps
October 2010: Is My Property Tax Going Up or Down?
March 2010 Blog: Beyond Penny Pinching
Good luck!
Consulting services
For those who successfully appealed their taxes in 2010, you will see a credit on your voucher and a lower amount due. Enjoy!
For those lucky few who reduced their taxes by more than 25%, you had a credit balance in the 4Q bill. Please note that this amount will be mailed as a refund check at the end of February (yup, City Hall is finally getting to it). You will need to pay what it says on your voucher.
Finally, the property tax appeal season has started. If you haven't appealed your property taxes in the past few years since the real estate bubble burst, I highly recommend it. Especially since the taxes are further going up! The deadline for receipt of your appeal is April 1. If you are excel savvy, you can do the appeal yourself (perhaps with some help). The form you need is online.
You will need 5 comparable sales that help you determine the market value of your property. Here is what the Hudson County tax board says, "In order to determine the taxable value of your property, you must demonstrate what the market value of your property was as of October 1 of the preceding (pretax) year."
To read more about the appeals process, visit the Hudson County Tax board website. My earlier blogs also discuss the process and its outcomes.
May 2010 Blog: Property Tax Appeal--The Next Steps
October 2010: Is My Property Tax Going Up or Down?
March 2010 Blog: Beyond Penny Pinching
Good luck!
Consulting services
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