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Updated over 7 years ago on . Most recent reply

User Stats

8
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1
Votes
Jonathan Park
  • Northern, NJ
1
Votes |
8
Posts

Getting Tax assessed

Jonathan Park
  • Northern, NJ
Posted

Hello BPers!

Been getting a lot of help from the forum and would like to get an assist on another case here.

The property I am interested seems to have a very high value assessed for the property when the other nearby properties have a lot lower value assessed as their tax.

If I request tax assessment again, will it back fire on me?

2nd question:

Once I rehab a property and try to do a refinance - I understand an appraiser will come out to appraise the property with new updates. Will this new "property value" get reported to the town and thus increase tax on the property?

Thank you so much!

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