Property tax deductions available to residents. (click here)
IMPORTANT NOTICE REGARDING PROPERTY TAX APPEALS
ALL Taxpayers in Mercer County have the right to file tax appeals with the County Board of Taxation, regardless of the amount of their assessment.
Those properties with assessments greater than $1,000,000.00, have the option of appealing either with the County Board of Taxation or filing directly to the State Tax Court of New Jersey.
Petitions to either the County Board of Taxation or directly to the State Tax Court must be filed and received on or before April 1, 2015.
Any questions regarding tax appeals should be directed to the Mercer County Board of Taxation at (609) 989-6704.
Reminder to all farmland assessed properties in Hopewell Township – Farmland applications for 2016 are due in the Assessor’s Office on or before August 1, 2015. The Assessor’s Office is located in the Public Works Building at 203 Washington Crossing Pennington Rd. If the farmland applications are not received in a timely manner, the properties will be denied farmland assessment for 2016
2015 Farmland Regulations:
· The Income Threshold for farmland will now be $1,000 for the first 5 acres. (excluding Woodland which will remain at $500 for the first 5 acres)
· Properties with less than 7 acres must submit a descriptive narrative of the agriculture/horticultural activity.
If you any questions about the new farmland assessment regulations please do not hesitate to contact our office.
Senior & Veteran Deductions
Applications for Senior and Veteran deductions are available in the Assessor’s Office. Totally disabled veterans, if qualified, are entitled to real property tax exemptions. Forms are also available in the Collector’s office.
Property Tax Assessment in New Jersey
NJ has an ad valorem based tax system which means that property tax assessment is based on the market value of your property.
How Property is Valued for Property Tax Purposes Brochure
NJ Property Tax Records Click
HOW TO ACCESS PROPERTY TAX APPEAL FORMS
If you go to the web site of the State of NJ division of taxation when it opens at the left click on Local Property Tax then click on Local property tax forms then click on under forms A-1 Petition of appeal. You will need four copies: 1 for the county , 1 for the assessor’s office, 1 for the township clerk, and one for your records. http://www.state.nj.us/treasury/taxation/pdf/other_forms/lpt/petappl.pdf
Things to Remember about the Appeal Process
- property owners have the right to file an appeal each year
- You must prove that you would not be able to sell your house for its current assessed value by providing comparable sales
- Comparable sales are sales of similar homes that were listed on the open market, have sold within the appropriate time period and are not subject to any extenuating circumstances like duress, a sale between family members, estate sales etc.
- You cannot compare assessments as a basis for appeal
the Collector for questions regarding tax bills and taxes paid.
Request for Certified List