- All property owners whose dwellings have been destroyed or made significantly less valuable as a result of Superstorm Sandy are urged to notify their local tax assessor in writing before January 10, 2013 to see if they qualify for a reduction in their property's assessed value for tax year 2013 under New Jersey Law (NJ S. 54:4-35.1).
- The New Jersey Division of Taxation has extended the tax filing deadline for businesses struggling to recover from Superstorm Sandy. The deadline for all tax filings and payments that were/are due in the period beginning October 30, 2012 and ending November 26, 2012 has been extended to November 26, 2012.
--Rick VanVranken
Property owners should document damages with photographs and keep a copy of the notice and any supporting evidence for their own records. Written notice should be sent to the local tax assessor's office by certified mail, return receipt requested, so there is proof that it was mailed prior to the deadline. After inspection by the local assessor's office, a determination will be made as to any adjustment in assessed value.
Those who suffered storm damage but fail to notify the assessor in writing by the January 10 deadline will have to file a tax appeal by the appropriate tax deadline which is usually April 1 for most towns and May 1 for towns that have been revalued or reassessed.
The New Jersey Division of Taxation has also extended the tax filing deadline for businesses struggling to recover from Superstorm Sandy. The deadline for all tax filings and payments that were/are due in the period beginning October 30, 2012 and ending November 26, 2012 has been extended to November 26, 2012. Deadlines for anything due AFTER November 26, 2012 have not been extended. To learn more about this tax relief opportunity contact the NJ Division of Taxation at (609) 292-6400 or or e-mail the Division at: https://www.state.nj.us/treas/taxation/contactus_tyttaxa.shtml. The original announcement about this program is here.
