3-15-19

2A — March 15 - 28, 2019 — M id A tlantic

Real Estate Journal

www.marejournal.com

FULL SERVICE COMMERCIAL REAL ESTATE BROKERAGE & ADVISORY FIRM WHAT SEPARATES US FROM THE REST? 360 DEGREES OF PREPARATION.

Mid Atlantic Real Estate Journal

Mid Atlantic R eal E state J ournal Publisher, Conference Producer . .............Linda Christman AVP, Conference Producer ...........................Lea Christman Account Executive ........................................Joe Christman Account Executive ........................................... Steve Kelley Account Executive ............................................. Kim Brunet Account Executive ........................................ Marisol Chase Senior Editor/Graphic Artist ..........................Karen Vachon Office Manager ...............................................Kerrin Devine Contributing Columnists .........Christopher Allison, NJ State Appraisers; Rich Sarkis, Reonomy Mid Atlantic R eal E state J ournal — Published Semi-Monthly Periodicals postage paid at Hingham, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal, 350 Lincoln St., Suite 1105 Hingham, MA 02043 USPS #22-358 | Vol. 31, Issue 5 Subscription rates: $99 - one year, $148 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion 781-740-2900 | Fax: 781-740-2929 www.marejournal.com The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal

Property Blogs & Email Marketing

Targeted Prospecting, Broker Outreach & Canvassing

l Landlord Representation l Tenant Representation

Attention: NJ Property Owners and Investors Appeal Your Greatest Expenses Real Estate Taxes Before April 1st W Christopher Allison hen property owners receive their annual property tax assess- ment card in the mail, majority of tax payers do not under- stand how the assessment even equates to the “true value” of their home or building. There are other factors that come into play such as equalization rates and tax rates that are directly related to the assessment (con- veniently, this information is NOT on your tax bill). The only variable that you can change is your property’s assessment, because the equalization rates and the tax rates are consistent throughout the municipality for all properties within the municipality. The general idea is to create “equality” based on your existing improvements and land based on a price per square-foot basis. The only thing that can be changed is your assessment that will be directly related to you benefit- ing from tax relief which lasts a period of three years because

Property Signage

l Research & Marketing Information l Corporate Real Estate Representation l Investments l Property Management l Appraisal & Advisory Services l Construction Services

Community Commitment

Strategic Alliances

Social Media

Print Media

Public Relations

For more information, visit WolfCRE.com or call 856-857-6300 .

Building Successful Relationships TM

margin of error of 15% for “mass appraisal techniques” used for “Ad Valorem” tax purposes. If they are allowed a margin of error of 15% how much do you think that property assessments are inflated for a much greater percentage? Especially because most people do not understand how these formulas work or even relate to property value. It is imperative to have your application filed by April 1st. Which is an easy process. Be- cause we believe the tax relief should go directly to the prop- erty owner. We will provide you easy instructions with this easy process. In situations were an attorney will be required in addition to our services, which continued on page 15A

of New Jersey’s “freeze act” which gives property tax relief for a period of three years un- less a revaluation were to occur within the municipality. Without boring you with the specifics give our firm a call with some basic information includ- ing: the address, a description the property, copy of your most recent tax bill, prior sales price and year purchased. Let our experienced professionals that specialize in these areas give you a free consultation and an estimate of about how much tax relief you look to save for the next three years. Typically, we save property owners usu- ally over 10%-15% annually and many cases much greater relief. The state of New Jersey allows a

Marlton, NJ l Philadelphia l King of Prussia, PA

“Appraisers You Can Rely On” State Certified Real Estate Appraisers Appraisal Specialty Types: » Retail » Office » Industrial » Mixed Use » Multi Family » Land » Special Use Properties

Trust Kaplin Stewart for a hands on approach • Land Use & Zoning • Construction • Real Estate Transaction • Business, Corporate Planning & Litigation

• Estate Planning • Environmental • Employment

Attorneys at Law

(973)-427-2223 www.NJStateAppraisers.com

Cherry Hill, NJ 856-675-1550 • Blue Bell, PA 610-260-6000 • Philadelphia, PA 215-567-3120 • Kaplaw.com

Made with FlippingBook - Online Brochure Maker