Your agent can get that info for you by checking the tax records, they should have a subscription to tax records through the MLS or other services or you can search tax records yourself using the link I created here http://tinyurl.com/njtaxrecords

Because a property is selling cheaper via a short sale will not lower the taxes just in case that is what you were thinking or told.

Property taxes appeals can only be filed certain times of the year and must be based off normal market condition values. A short sale price will not qualify the property for a change of tax amount. You'll need an appraisal or proof of normal market condition prices (difficult to do to lower them without showing the average comparable home in the areas value dropping as well) and then use the tax assessors rates to help determine what the value they used to determine the tax amount. The assessor is allowed a 15% +/- margin of error.

Union County Tax Appeals Page but the same info will apply pretty much anywhere in the state http://tinyurl.com/uctaxappeal

I have found it very useful to lookup the taxes online. The state posts all property tax records online for free viewing. Google "NJ Tax Records Search". The first result will take you directly to the state search web site. You will need to know the exact street address, city and county. Sometimes the street address is slightly different on the tax record than how it's referenced in the MLS. Remove the directional references such as east or west and delete the street number. It's then pretty easy to find the address you want within the results. This is also a great way to find out how much the previous buyer paid for the house. Good Luck.

Easiest way CALL THE TAX OFFICE to confirm the taxes for yourself. You can also use the following link for union county to do your own property search to confirm the taxes. Most counties in New Jersey now offer this information for FREE on line.

http://www.unioncountynj.org/taxboard/index.html

Best Regards,
Dawn Marie White Broker-Manager-Sales Professional Crossroads Realty Inc

Kp,

In my experience, property taxes are "as stated" on the MLS listing, which should coincide with the official county tax records. That the property is a "short sale" is irrelevant. Toi protect yourself, you might want to research when the county experienced its last "evaluation" and deteremine when/if it may be up for a new evuluation (typically 10 years) in the near future.

Should you desire to appeal the taxes at a future date is your choice, but be advised that at least here in Monmouth County short sale and/or foreclosure purchases are NOT considered when attempting to appeal (although they are when appraising, go figure!) . . . so, therefore, the property will be taxed on true market value devoid of short sale and foreclosure propoerties.

Love and Peace,
Francesca, Realtor, ePro
Francesca@PatrizioRE.com

The real estate taxes are based on the towns assessed value of the property and not whether the home is sold as a short sale, foreclosure or regular sale. therefore, your offer is your offer no matter the taxes.
The best and most accurate is to visit the town tax office and look up the property.
Good luck!!
Jeffrey