Property Tax Lawyers in Atlantic County

Atlantic County, New Jersey laws require that most owners of real property pay taxes on its value. "Real property" refers to building and land, and objects (like natural resources) that are permanently adhered to the land.

Property taxes in Atlantic County, New Jersey are calculated as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (usually yearly) intervals.

Federal authorities do not collect a property tax. Only state and local governments collect property taxes, as a general matter.

How Property Tax is Calculated in Atlantic County, New Jersey

Most often, property taxes in Atlantic County, New Jersey are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of different tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.

To levy this tax, Atlantic County, New Jersey tax authorities must first figure out how much a house or piece of land is worth.

As you probably know, value is not always objective. For instance, the owners of family heirlooms usually place far more value on them than their objective monetary value. So tax officials have to be careful to only use objective criteria in valuing property for tax purposes.

There are many different ways to value property using objective factors. Generally, the appraiser in Atlantic County, New Jersey will consider the current state of the real estate market, the size of the property, any improvements (buildings, roads, etc.) that have been made on the property, and the manner in which the property may be legally used (zoning).

How A Atlantic County, New Jersey Property Tax Attorney Can Help.

The system of levying property taxes in Atlantic County, New Jersey can get fairly complex. Disputes about property taxes, between the taxpayer and the tax authorities, can come up in several different ways. A taxpayer may believe that an error was made in calculating their property's taxable value, resulting in bigger tax bill. Also, the state or city government might allege that you have failed to pay your property taxes, while you believe that you have.

If one of these issues affects you and your property in Atlantic County, New Jersey, you should make every effort to properly handle it. This can prevent small issues from growing into large ones. The best way to do this is to seek the advice of a good Atlantic County, New Jersey tax attorney who specializes in property tax law.