Investor · Williamstown, NJ · Member since 2014 · 42 posts · 11 votes
We have a SFR in Camden County NJ and the assessed value is $203k. It's a small 3/2/1400sf and nothing on the street or neighborhood has sold over $160 since the bubble. What are the steps to file an appeal and have the assessment adjusted to reflect the true market value of the home?
I dont know much about tax appeals except for the fact that you must file an appeal from Oct. 1st - April 1st. And if they rule in your favor then the new assesment is not applicable until the following year. You wont reap the benefits right away.