Chapter 91 Requests Must Be Answered Where a Property Was Once Income Producing

Local tax assessors send Chapter 91 requests to the owners of income producing property seeking information which will help in the tax valuation of a property.  Where an owner fails to complete the request, he waives his statutory right to … Continue reading →

App. Div. Opinion Considers Valuation for Properties with Environmental Issues

According to a recent Appellate Division decision, for owners of contaminated industrial sites looking to lower their property tax assessments based on the lower value attributed to environmental contamination, in New Jersey the choice is clear: shut down or pay up.

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