Whether you are buying directly from the developer, or have a realtor working for you, if they are at all competent they ought to be able to provide you with an accurate number regarding your tax liability!
Tax appeals are handled by a number of local attorneys. You can also go to
http://www.hobokentaxappeal.com for more info. The deadline to appeal is April 1. You can read my blog post about it here:
http://hobokenrealestatenews.com/2009/03/06/lower-your-hobok
Successful appeals are based on a negative change in the value of your property since the time it was first assessed. If you are buying brand new construction there cannot have been a change in it's value - your taxes are based on the sale price. So an appeal is unlikely to be successful. Again, your realtor should have explained all of this to you if they are doing their job.
Good luck!
Lori Turoff
The Turoff Realty Team at
Prudential Castle Point Realty
203 Washington Street
Hoboken
201 993 9500
info@hobokensbest.com
- Tue Mar 17 2009, 09:34