Form A-1 - Petition Of Appeal County Board Of Taxation - 2015 Page 3
Download a blank fillable Form A-1 - Petition Of Appeal County Board Of Taxation - 2015 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form A-1 - Petition Of Appeal County Board Of Taxation - 2015 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3(over)
INSTRUCTIONS FOR FILING PETITION OF APPEAL (continued)
8. DISCRIMINATION
N.J.S.A. 54:3-22(c) to (e) requires that whenever the county board of taxation finds that the ratio of assessed value to true value of
property under appeal exceeds the upper limit or falls below the lower limit by 15% of the average ratio for each municipality, the
county board of taxation shall revise the assessment by applying the average ratio to the true value of the property.
9.
SUPPORTING PROOF AND PROCEDURES
ONLY THE PROPERTY VALUE CAN BE APPEALED-NOT THE AMOUNT OF TAXES ON THE PROPERTY
In order to determine the taxable value of your property, you must demonstrate what the market value of your property was as of October
1 of the preceding (pretax) year. The taxable value of the property as improved is its market value multiplied by the average ratio for your
municipality, except that, if the average ratio exceeds 100% then the taxable value is the same as the property's market value. The
average ratio for your municipality is listed by tax year for every municipality by county at:
(a) COMPARABLE SALES
Not more than five comparable sales shall be submitted to the assessor, clerk and county board of taxation, not later than seven
calendar days prior to the hearing if not included with the petition of appeal. The information regarding each comparable sale
shall include the block, lot, sale price and deed date.
NOTE: COMPARABLE SALES OF REAL PROPERTY ARE ACCEPTABLE EVIDENCE OF MARKET VALUE. COMPARABLE
ASSESSMENTS ARE UNACCEPTABLE AS EVIDENCE OF VALUE.
(b)
STATEMENT ACCOMPANYING PETITION OF APPEAL FOR INCOME-PRODUCING PROPERTY
An itemized statement showing the amount and source of all income and expenses for the most recently completed accounting
year and for such additional years as the board may request should be attached to the petition of appeal in the case of income-
producing property.
(c)
OTHER DATA
Subject to the board’s discretion, you may present other relevant information concerning the property under appeal, such as
photographs, survey, cost data, etc.
(d) APPRAISALS
1.
A party relying on expert testimony must provide to the board a written appraisal report for the tax administrator and each
board member and one copy of the report to each opposing party at least seven calendar days prior to the hearing. If an
appraisal is to be used as evidence, the appraiser must be present to testify to his report.
2.
If the municipality is relying on its assessor or a representative of a revaluation company as its expert and if such testimony
involves data and analysis that is not reflected on the property record card, the municipality must provide to the board for the
tax administrator and each board member copies of a written report reflecting such data and analysis and provide one copy of
the report to each opposing party at least seven calendar days prior to the hearing.
3.
The board in its discretion and in the interest of justice may waive the requirements for the submission of written reports.
4.
At the request of the taxpayer-party, the municipality must also provide that party with a copy of the property record card for
the property under appeal at least seven calendar days prior to the hearing.
10. SIGNATURE
The signature of the petitioner or petitioner’s attorney is required on the petition.
11. SETTLEMENTS/STIPULATIONS
A settlement agreed upon between petitioner and respondent must be approved by the county board and must reflect whether the
assessor agrees with the settlement. Proposed stipulations/settlements must be executed on forms available at the county board of
taxation. If the board approves the settlement, it will enter judgment incorporating the settlement. If the board disapproves the
settlement, the board will notify the parties of the denial and will schedule a hearing for the appeal.
12. FILING COMPLAINT WITH TAX COURT
The judgment of the county board of taxation may be appealed to the Tax Court of New Jersey by filing a complaint with the Tax Court
Management Office within 45 days from the date of the service of the judgment (date of mailing). If the assessed value of the
property subject to the appeal exceeds $1,000,000, a taxpayer or taxing district may file a petition of appeal with the county board of
taxation or a complaint with the Tax Court directly in accordance with amendatory legislation and Tax Court rules. The Tax Court of
New Jersey is located at the Richard J. Hughes Justice Complex, 25 Market Street, Trenton, New Jersey. Mailing address: PO Box
972, Trenton, NJ 08625-0972. Telephone number: (609) 292-5082.
13. FREEZE ACT
As per N.J.S.A. 54:3-26, if no further appeal is taken to the Tax Court the judgment of the county board is “frozen”, i.e., conclusive and
binding on the assessor and taxing district for the assessment year and for the next two succeeding years, unless there are significant
changes in property value via added assessment, municipal wide revaluation, etc. The property owner may end the “freeze” by filing
another appeal.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Legal