Unfortunately..not, Emil. Tax Assesment will conduct their own CMA (Comparative Market Analisis) to
establish market value of the property, regardless the sold price. In average, you can see 15 to 25% reduction in your property taxes.
Please do not hesitate to contact me with real estate concerns...I am in New Jersey, the state with the
highest property taxes in the country!
Century 21 Sylvia Geist
East Brunswick, New Jersey