Jacobus & Associates, LLC

07/21/2024

https://newjersey.news12.com/property-taxes-increase-in-new-jersey-towns-as-state-slashes-school-funding

As noted in the attached article, NJ property tax rates are soaring as a result of cuts in state funding to public school districts.

Now is the perfect time to explore a 2025 property tax appeal for all NJ property owners.

Notably, NJ commercial property has lost value following the pandemic and as a result of NJ residents and businesses transitioning to remote workplaces and online shopping. We have seen a substantial increase in vacancy rates and loss of rental income. If you are affected by these changes, we may be able to help you.

A successful property tax appeal can reduce your tax burden and increase savings, regardless of your type of property. We would be happy to provide a complimentary review for any commercial or residential property for a possible appeal. You can submit your information on our web site www.jacobuslaw.com, email [email protected], fax your request to 973-741-2370, or call 973-535-3032.

The filing deadline is January 15th for Burlington, Gloucester and Monmouth properties assessed at $1 million or less, but for most Counties the deadline is April 1. Always check with your local County Board of Taxation to confirm specific filing deadlines.

All the districts say they reached this point due to flaws in Gov. Phil Murphy’s seven-year funding formula, S2.

05/21/2024

Annual tax assessor golf event. Jacobus & Associates, LLC sponsored a hole.

03/12/2022

Great article by some work colleagues of mine highlighting the long-term negative impact of the pandemic on value in certain commercial property sectors - specifically restaurants and office buildings.

https://www.roi-nj.com/2022/03/11/sponsored-content/commercial-property-tax-appeals-in-2022-the-transition-from-the-covid-19-pandemic-to-endemic-environment/

If you would like us to provide a complimentary review of any commercial or residential property for possible appeal to reduce your property taxes, just send your address and a general description of the property to [email protected], fax to 973-741-2370 or call us at 973-535-3032. We offer contingency fee arrangements, so you only pay a legal fee if we successfully reduce your assessment.

The filing deadline in most towns is April 1, but we review cases year-round for appeal.

The Real Property Tax Appeal filing season is suddenly upon us. The extent of the COVID-19 pandemic on real estate valuations remains uncertain, and many property owners may not have even begun to focus on how it has affected their property tax assessments. The sector-specific impact of the pandemic...

03/10/2022

New Jersey again tops a very undesirable list - highest real estate property tax in the country. Here is an article explaining the study:

https://www.tapinto.net/towns/raritan-bay/sections/real-estate/articles/new-jersey-has-nation-s-highest-real-estate-property-tax-study

One way to fight against the ever-increasing costs of living in this state is to look into reducing your property taxes in 2022. Many NJ residential and commercial property owners are overpaying on their property taxes relative to their fair market value.

Our firm provides complimentary reviews for property tax appeals, and if you do hire us our legal fee is contingent upon successfully reducing your assessed value. Please contact us today with the address(es) you would like us to review, or share this post with family and friends, if you believe they may benefit. You may request a complimentary review via email: [email protected]; fax: 973-741-2370 or phone: 973-535-3032.

Please note the filing deadline in most towns is April 1, but we review cases for appeal all year long.

NEW JERSEY -- New Jersey has the highest real-estate property tax in the country for 2022, according to personal finance website WalletHubs annual list Property Taxes by State.

02/17/2022

If you are interested in seeing the materials from my tax appeal seminar with Weichert.

01/18/2022

Now is the perfect time to explore a 2022 property tax appeal.

NJ commercial property has lost value due to the pandemic and as a result of NJ residents and businesses transitioning to remote workplaces and online shopping. We have seen a substantial increase in vacancy rates and loss of rental income. If you are affected by these changes, we may be able to help you.

A successful property tax appeal can reduce your tax burden and increase savings. We would be happy to provide a complimentary review for any commercial or residential property for a possible appeal. You can submit your information on our web site www.jacobuslaw.com, email [email protected], fax your request to 973-741-2370, or call 973-535-3032.

The filing deadline for most Counties is April 1, but please check with your local County Board of Taxation to confirm specific filing deadlines.

njmonthly.com/articles/jersey-living/how-covid-19-changed-the-way-we-work-in-new-jersey/

Many New Jerseyans have turned over a new leaf and reimagined their careers and workplaces amid the pandemic.

01/08/2022

Now is the perfect time to explore a 2022 property tax appeal.

NJ commercial property has lost value due to the pandemic, and as a result of NJ residents and businesses transitioning to remote workplaces and online shopping. We have seen a substantial increase in vacancy rates and nonpayment of rent. If you are affected by these changes, we may be able to help you.

A successful property tax appeal can reduce your tax burden and increase savings. We would be happy to provide a complimentary property assessment review for any commercial or residential property to see if we can help you to pursue a reduction in property taxes. You can submit your information on our web site www.jacobuslaw.com, email [email protected], fax your request to 973-741-2370, or call 973-535-3032.

The filing deadline for most Counties is April 1, but please check with your local County Board of Taxation to confirm specific filing deadlines.

https://itep.org/new-study-increase-in-working-from-home-could-depress-commercial-real-estate-prices-reduce-local-tax-revenue/

Covid-19 dramatically altered how and where many employees work, a shift that could have a long-term negative effect on commercial…

12/02/2020

If your business is suffering from COVID-19 impacts like so many others, we would be happy to provide a complimentary property assessment review to see if we can help you to pursue a reduction in property taxes. You can submit your information on our web site www.jacobuslaw.com, email [email protected], fax your request to 973-741-2370, or call 973-535-3032.

https://www.njspotlight.com/2020/12/nj-businesses-expect-continuing-pandemic-struggles-taxes-regulations-lawsuits/

The coronavirus has hit New Jersey businesses hard. And many employers there think things will not improve for them anytime soon.

10/28/2020

If your business has experienced a loss of rental income, a higher vacancy rate or increased expenses within the past year due to COVID-19, we may be able to help you. Businesses across New Jersey are suffering not only from the impact of COVID-19, but also from paying the highest taxes in the country. Jacobus & Associates, LLC helps our clients to reduce their taxes on both commercial and residential properties.

https://taxfoundation.org/2021-state-business-tax-climate-index/

Now is the time to start thinking about filing a property tax appeal for 2021. The filing deadline for Burlington, Gloucester and Monmouth Counties is January 15th. The deadline in all other Counties is April 1.

We offer contingency arrangements, so you will only pay a legal fee if we successfully reduce your property tax assessment. If you would like complimentary review to see if your property may be a good candidate for appeal, please contact us by email at [email protected], fax at 973-741-2370 or phone at 973-535-3032. We look forward to hearing from you!

How does your state compare? Evidence shows that states with the best tax systems will be the most competitive at attracting new businesses and most effective at generating economic growth.

03/22/2020

If you were thinking about looking into a property tax appeal this year, or are just looking for a way to save some money in light of the current unstable economic environment, we have some good news. The property tax appeal filing deadline has been extended due to the current State of Emergency as a result of COVID-19.

Just email your address to [email protected] and we will be happy to provide a complimentary review. We work on a contingency basis, so there is no legal fee due unless and until we reduce your property tax assessment. The only up front fee is the appeal filing fee. If you would like more information about property tax appeals, please visit our web site - www.jacobuslaw.com.

https://www.njlm.org/civicalerts.aspx?AID=963

NJSC Chief Justice Issues Orders Extending Deadlines for Property Tax Appeals

12/16/2019

Here are links to two recent articles of interest to NJ taxpayers. The state is cutting aid to most NJ school districts, and a new proposed law seeks to deal with that cut by allowing towns to increase taxes above the former-2%-cap without taxpayer approval. Another reason to explore whether you may be able to reduce your property taxes for 2020 . . .

https://patch.com/new-jersey/brick/schools-will-have-close-nj-districts-face-trouble-over-cuts

https://www.app.com/story/news/education/2019/12/08/nj-schools-might-raise-taxes-over-property-tax-cap/4352553002/

One way to fight against the ever-increasing costs of living in NJ is to look into reducing your property taxes in 2020. Many NJ property owners are overpaying on their property taxes relative to their fair market value.

Our firm provides complimentary reviews for property tax appeals, and if you do hire us our legal fee is contingent upon successfully reducing your assessed value. Please contact us today with the address(es) you would like us to review, or share this post with family and friends, if you believe they may benefit. You may request a complimentary review via email: [email protected]; fax: 973-741-2370 or phone: 973-535-3032.

Schools, sports programs may shut. Many NJ school districts got severe cuts that they say will cripple them. Here's where it's a problem.

10/10/2019

This article explains in simple terms how the Federal cap on the property tax deduction (otherwise known as SALT) is causing a decline in property values in NJ, as well as in other areas of the country. The article uses an example involving a West Orange home. If you or someone you know is interested in exploring a possible appeal to reduce your property taxes, call or email us today with the property address and we will be happy to provide a complimentary review. If we take your case, the legal fee is contingent upon our achievement of a reduction of your property tax assessment. You can reach us at [email protected] or 973-535-3032 to find out more. You have the right to file a property tax appeal every year. Now is a good time to review for a possible 2020 appeal to see if you may be entitled to tax savings.

A new report says the GOP tax plan is making home values lower than they’d otherwise be in some parts of the country.