Nearly Half of New Jersey Residential Homeowners Should Appeal Their Property Tax Assessments, According to Analysis. Yet, Historically, only 3% of NJ Homeowners Appeal...

NEW YORK, March 19, 2012 /PRNewswire/ -- As many as 48 percent of New Jersey residential homes are over-assessed beyond the state's 15 percent buffer, according to a study released today by property tax expert Adam Berkson. Using assessment and sales data provided by the state, the study compared New Jersey "equalized" property tax assessment information to an estimated market value as of October 1, 2011. The full study can be found at: http://www.easytaxfix.com/pdf/2012%20NJ%20Over-assessment%20White%20Paper.pdf  

"New Jersey homeowners may not think they will end up saving money by appealing," said Berkson, "But according to the states own numbers, approximately 66% of homeowners were successful in 2011 in achieving savings by appealing their property taxes. In most cases the assessor in your town will offer you a settlement."

Most homeowners only have until April 2, 2012 to file this year's property tax appeal – the deadline is May 1 in municipalities that have been reassessed this year.

To help New Jersey homeowners determine whether they should appeal, Berkson has launched EasyTaxFix.com (www.EasyTaxFix.com), where the owner can easily and quickly determine the likelihood and degree to which his or her home is unfairly assessed. The homeowner can take that information to an appraiser and/or an attorney to launch an appeal, or simply download completed forms and detailed instructions on how to file an appeal directly with local and county tax offices. The latter service is available for nominal $80 fee.

ABOUT EASYTAXFIX.COM

Adam Berkson founded EasyTaxFix.com in 2008 and launched the NJ service in 2009. The user-friendly, web-based service uses a unique methodology for analyzing existing property value and tax information to assist homeowners in completing a property tax appeal application.

SOURCE EasyTaxFix.com