As we wrote earlier in 2020, Jersey City, N.J., is now aggressively pursuing commercial property owners with reverse appeals designed to increase assessments and corresponding property taxes. Despite recently completing a revaluation in 2018, Jersey City is selectively challenging assessments on vacant land, multifamily, and industrial properties. This new initiative is in full swing and… Read more »
David B. Wolfe, co-managing partner or Skoloff & Wolfe, P.C., was interviewed for a recent article published in Times of Entrepreneurship, an online, multi-industry news source for business owners and entrepreneurs. The article “Rent May Be The Final Blow For Struggling Small Businesses,” reports on the sobering situation brought on by COVID-19 restrictions and their… Read more »
Sides Await NJ Supreme Court Decision in Tax Exempt Status of Kean University On-Campus Restaurant In New Jersey, local municipalities continue to re-examine the status of longstanding property tax exemptions. This includes continued challenges against state institutions and not for profits such as universities, hospitals, houses of worship, and other similar establishments and organizations. Property… Read more »
An experienced real estate property tax attorney in the New York metropolitan area, David B. Wolfe has once again been named to the New Jersey Super Lawyers list. Super Lawyers rates outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The selection process includes… Read more »
Jersey City is following the lead of other NJ municipalities and has authorized reverse/increase cases against commercial property owners. What does that mean? Even if you haven’t filed a property tax appeal, the City may initiate an appeal to increase your assessment and your real estate taxes. These filings represent a significant change in the… Read more »