Property tax in NJ
April 11, 2007 10:33 PM Subscribe
I just bought what was once a very nice house in Maplewood, NJ (Essex County). It has become very rundown and was assessed by our mortgage company at a value of 340,000 in it's current condition. It was a great deal and after a little work will be amazing. Is there a way to have it's taxation rate changed based on the purchase price? Currently, it's very high. Is there somewhere I can go locally to ask about this? Also, anyone know how the property tax cuts will play out in NJ.