The Atlantic County Board of Taxation warns residents not to be scammed by companies charging a fee to provide Chapter 123 reports to help reduce their property tax assessments.
"Information on the reports they offer to provide for a fee is useless. Chapter 123 is explained on the Board of Taxation website and an explanation is provided with the instructions for filing a tax appeal. Not only is the information available for free but it will not help petitioners reduce their assessments as additional comparable sales must be submitted," according to Marge Schott, Atlantic County Tax Administrator. "This is another case of unscrupulous vendors trying to take advantage of unsuspecting consumers."
April 1 is the deadline for property owners to file tax appeals in all Atlantic County municipalities, excluding Absecon and Egg Harbor Township which have a May 1 deadline due to reassessment and revaluation, respectively.
To file an appeal, property owners must provide comparable sales information, such as date of sale, sale price, property location, and block and lot numbers. This information is often available online as well as from the municipal assessor's office or county at no charge. "Please don't be fooled by false promises.
The information you need to file a successful appeal is readily available and absolutely free," said Schott. To learn more, visit the Atlantic County Board of Taxation at www.aclink.org/taxation to access tax appeal forms, information and instructions.
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