Retail property investors, owners, and tenants need experienced representation working on their behalf to battle back local property tax hikes.

As the so-called “Mall Capital of the World,” retail property owners in New Jersey make an attractive target for local jurisdictions seeking to fill their tax coffers. Making matters worse, the combination of online shopping and COVID has created a retail apocalypse for many. 

Skoloff & Wolfe, P.C. represents all categories of retail assets, including malls, power centers, strip centers, grocery-anchored shopping centers, fast food chains, and single tenant properties. The firm has represented mall owners, investors, and tenants – from Class A malls that are performing well – to Class C malls that are struggling to fill vacancies.

Skoloff & Wolfe, P.C. helps both stabilized and non-stabilized retail properties by arguing on their behalf with hard data to support substantial reductions in their property tax assessments.

Helping investors, landlords, and tenants reduce property tax burdens.

Skoloff & Wolfe, P.C. provides effective legal counsel backed by in-depth analysis and concrete data points that represent your interests. To speak with a property tax attorney, call Skoloff & Wolfe, P.C. at 973.992.0900.

Retail property investors, owners, and tenants need experienced representation working on their behalf to battle back local property tax hikes. 

As the so-called “Mall Capital of the World,” retail property owners in New Jersey make an attractive target for local jurisdictions seeking to fill their tax coffers. Making matters worse, the combination of online shopping and COVID has created a retail apocalypse for many. 

Skoloff & Wolfe, P.C. represents all categories of retail assets, including malls, power centers, strip centers, grocery-anchored shopping centers, fast food chains, and single tenant properties. The firm has represented mall owners, investors, and tenants – from Class A malls that are performing well – to Class C malls that are struggling to fill vacancies.

Skoloff & Wolfe, P.C. helps both stabilized and non-stabilized retail properties by arguing on their behalf with hard data to support substantial reductions in their property tax assessments.

Whether you’re an investor, landlord, or tenant, our focus is on lowering your property taxes:

  • Skoloff & Wolfe, P.C. represents landlords of non-stabilized properties with detailed arguments to reduce their assessments and keep their properties alive as they search for new tenants. 
  • For stabilized centers, a reduced assessment can help keep rent affordable for tenants and stabilize occupancy costs so that vacancies are held in check. 
  • Tenant anchors and single tenants have standing to appeal property tax assessments in New Jersey. Skoloff & Wolfe, P.C. works with these clients to ensure they are not paying more than they should.

Due diligence helps retail investors plan and perform better.

For a buyer acquiring a single property or an investment committee evaluating a portfolio of retail properties, a wrong or uninformed decision on property taxes can be fatal to an investment thesis. 

We help clients and investment committees to fully understand the impact that future property taxes will have to protect the value of their investments. 

Skoloff & Wolfe P.C. defends retail clients against unfair property tax assessments on all types of retail assets. We help clients quantify risk by performing detailed analysis of local jurisdictions prior to any transaction.  

We routinely work with investors and perform property tax due diligence to ensure further protection of investments by helping clients to:

  • Learn if there is a planned reassessment in the municipality in which they are acquiring property prior to finalizing an acquisition.  
  • Prepare for potential reverse appeals by municipalities seeking increases in assessments post acquisition. 

Helping investors, landlords, and tenants reduce property tax burdens.

Skoloff & Wolfe, P.C. provides effective legal counsel backed by in-depth analysis and concrete data points that represent your interests. To speak with a property tax attorney, call Skoloff & Wolfe, P.C. at 973.992.0900.

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Publications

THE SILENT KILLER: What New Jersey Attorneys Need to Know About Chapter 91

David Wolfe provides helpful information on the Chapter 91 statute.

Publications

Commercial Property Tax Appeals in New Jersey

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What do New Jersey Property Owners Need to Know about Assessor's Requests for Income and Expense Information?

Free 2024 NJ Property Tax Revaluation-Reassessment List