As the COVID-19 pandemic continues to impact the commercial real estate market, property owners will be focusing on ways to reduce operating expenses, including real estate taxes...
...more
3/11/2021
/ Commercial Property Owners ,
Coronavirus/COVID-19 ,
Fair Market Value ,
Foreclosure ,
Property Tax ,
Property Valuation ,
Real Estate Market ,
Real Estate Transactions ,
Tax Appeals ,
Tax Assessment ,
Trustees
Disrupted supply chains and state-mandated closures caused by the COVID-19 pandemic are forcing New Jersey businesses to evaluate existing contracts to determine whether they may be entitled to any relief.
Most commercial...more
On March 19, 2020, the New Jersey Supreme Court issued an order extending the filing deadline for local property tax appeals from the original April 1st deadline to at least May 1st, and possibly beyond.
Per the order, the...more