Fiscal Impact of Legislation on Taxes, Economic Implications to Property Owners and the Desensitization of New Jersey Real Estate

New Jersey has the highest property taxes in the United States. According to WalletHub, New Jersey homeowners can expect to pay more than $5,000 a year in property taxes. This is why it has been reported that many New Jersey taxpayers are considering departing to states with a lower property tax or are appealing. Now, New Jersey property owners are facing two foes: high taxes and the economic implications of the coronavirus.

David Wolfe, a managing partner in the Property Tax Department at Skoloff & Wolfe, has been representing New Jersey taxpayers for years. He focuses his practice on representing taxpayers in significant real estate tax appeals and property tax-related matters. Join us on Wednesday, May 6 for Bisnow’s New Jersey Webinar ‘Municipal and Third-Party Tax Appeals’, where we speak with Wolfe about the future of New Jersey real estate and who will bear the burden of the economic implications and the fiscal impact of CRE-related tax sources.