Free Seminar: How To Appeal Nj Property Taxes – And Win!!

Jan. 13, 2012 - PRLog -- In 2011, according to the Department of Treasury’s Division of Taxation, more than 25,000 residential tax appeals were filed in New Jersey  -- the highest since 1992 and more than triple the number filed in 2007.

Spurred by sagging home prices -- along with often inaccurate and outdated assessments – state figures show  nearly 60 percent of the appeals filed were reduced or settled – amounting to more than a $32 billion reduction in property assessments.

Peter Jordan, a realtor with Prudential New Jersey Properties in Westfield, New Jersey says despite such successes, many homeowners remain hesitant about challenging their own assessments, and are often intimidated by what they perceive as a “hopelessly mystifying and complicated process.”

Helping to demystify the process, Jordan will be hosting a free, educational seminar entitled “How To Appeal NJ Property Taxes – And Win!!” at the Greater Union County Association of Realtors (GUCAR) on Wednesday, February 15th.   Guest speakers include appraiser Robert Priscoe and tax attorney, Stephen Severad.

“As loudly as homeowners grouse about property taxes, relatively few – around 2.5% -- are ever compelled to take any real action”, says Jordan. “Last year In Westfield, for example, only 424 homeowners filed appeals. Yet, nearly 90% of those appeals were successful. “  
 
Though Jordan doesn’t guarantee everyone will qualify for an appeal, he offers a free assessment to every homeowner attending his seminar.

“By using some basic mathematical formulas and examining comparable sales, I can help a homeowner determine  whether or not a homeowner’s assessment valuation is excessive, and if he or she would benefit from filing for an appeal.”

For more information or to register for the Westfield seminar on February 15th, contact Peter Jordan @ (732) 910-1301 or visit his website at  http://www.njpropertytaxappeal.net/ .