Scallywag

Property Tax assessment... +$100k

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Property tax assessment values my house $100k more than a year ago. Interesting being zero upgrades were done (that they know of). 

 

Hate this state. 

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55 mins ago, Scallywag said:

Property tax assessment values my house $100k more than a year ago. Interesting being zero upgrades were done (that they know of). 

 

Hate this state. 

They lowered the tax rate though,  yes?

 

 

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1 hour ago, Tom T said:

They lowered the tax rate though,  yes?

 

 

Not sure Tom. I barely looked at the card and I haven't looked anything up yet. Even if it is, still gonna get whacked. 

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1 hour ago, Pier_man0909 said:

were in VA and ours was pretty hefty too. just waiting to see how much our mortgage jumps because of it.

 

HuH?

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18 mins ago, Scallywag said:

Not sure Tom. I barely looked at the card and I haven't looked anything up yet. Even if it is, still gonna get whacked. 

 When these reevaluations happen they usually change the tax rate so that it is not much of a jump if it's any jump at all.

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It is a trick. They up the assessement value and the tax rate comes down.

When you complain a couple years down the road, they will use the low tax rate as their defense.

Bullchit.

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32 mins ago, Tom T said:

 When these reevaluations happen they usually change the tax rate so that it is not much of a jump if it's any jump at all.

 

In MA the total property tax bill can't go up more than 2.5% a year without a town override vote. 

 

Don't know if Jersey has something similar.  

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