Tuesday, January 4, 2011

Would you like to appeal your property taxes but don't want to give an attorney a third of your savings?

I am not an attorney and do not offer advice but I do offer access to the property tax appeal forms, the government provided instructions and access to comparable sales so that you can apply for the tax appeal yourself.  I did it myself last year and saved over $1,100. 

Attorneys typically charge 1/3 of your savings which can be substantial depending on the size of your home and the decrease in value.  Attorneys can represent you at the appeal but often times still ask you to find your own comparable sales.  Appraisers charge $350 - $450 for an appraisal and may go with you to the appeal not as your representative but as an expert on property valuation.

If you have a small condo, the tax savings that you may be left with after these expenses may not be worth doing the appeal at all. 

Last year, I represented myself and won an approximate $1,100 reduction of my property taxes and my place is small -  585 square feet on Washington and 10th in Hoboken!  If I hired an attorney that would have cost me $363 and potentially another $350 - 450 for the appraiser.  I would have been left with only about $290 in savings - frankly not worth the time to bother.

Don't be afraid to represent yourself.  The instructions are self evident.  It's a simple 2 page form.  See below.

I charge $100 for comparable sales.  
I accept cash or Paypal only.  Please call 201-240-6832 or email me at donnaantonucci@gmail.com today, to make an appointment. 

The deadline for submitting your tax appeal form to the County Clerk is April 1st, 2011 and the comparable sales must be dated after October 1, 2010.  

Here is the form and the instructions:
Tax Appeal Form                                                            

Information Provided by Donna Antonucci
Prudential Castle Point Realty


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