Property Tax Lawyers in Irvington

Irvington, 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.

Irvington, New Jersey determines property taxes simply by taking a percentage of the property's value. Usually, they are paid on a yearly or monthly basis.

In general, the federal government does not impose any property tax. Typically, property tax is imposed by state, county, and municipal governments.

How Property Tax is Calculated in Irvington, New Jersey

Irvington, New Jersey property taxes are usually calculated as a percentage of the value of the taxable property. Rates vary widely across the country, usually ranging from less than 1% at the low end, to about 5% at the high end.

To collect the property tax in a fair and consistent manner, Irvington, New Jersey tax authorities need to have an objective formula for determining the value of land under its jurisdiction.

In some ways, value is a subjective thing. For example, the home in which you grew up is probably worth far more to you than its market value. To get around this, the government uses nothing but objective factors in determining how much a piece of real property is worth.

To that end, the Irvington, New Jersey employees in charge of appraising land look at objective facts to calculate value, like the size of the land and any buildings on it, the way in which the land may legally be used (zoning), and the health of the local real estate market.

How A Irvington, New Jersey Property Tax Attorney Can Help.

In Irvington, New Jersey, property taxes can become pretty complex. Legal disputes can arise in the property tax context, even if there is no wrongdoing, and the dispute arises from an honest misunderstanding. You might have a good reason to suspect that a mistake was made when your property was appraised, resulting in a higher tax bill than you believe you legally owe, for example.

If you are affected by one of these, or any other, property tax legal issues in Irvington, New Jersey, you should deal with it properly. If you fail to do so, a relatively minor issue can become much more expensive and inconvenient than it might otherwise have been. So, the assistance of a good tax attorney in Irvington, New Jersey is highly useful in avoiding these issues in the first place, or handling them if they do arise.