The City of Weehawken has finalized their first property tax revaluation in over 30 years. Keep in mind, these changes will take effect starting on July 1st, 2018.
Here is the information released from the City of Weehawken and the company that conducted the revaluation: Click Here to see the letter sent to owners and calculate your taxes .
If you own in Weehawken, then you probably received a letter from the City with the above findings. For some of the newer construction homes, these could mean huge savings.
Mayor Richard Turner indicated to the Hudson Reporter that: “Nearly 80 percent of the homeowners will see reduced tax, no increase or a minimal increase as result of this revaluation,” and “Of the 19 percent that will see an increase, it is based on location of home with or without a view of Manhattan. Every one of these is unique.”
However, you may not be clear about what this ultimately means to you and your home's value. We're happy to provide you with a free, no-strings attached comprehensive analysis as these changes are very specific to each property:
For buyers who were leery of how these changes would impact their future cost of ownership -- Now's a great time to buy as the city tax revaluation is completed and you can make a fully informed decision about the true total cost of ownership for years to come.
If you want to discuss how these changes apply to you, please give Steve a call at 201-563-3900, or if you want to schedule a call click here and we'll connect to help you get fully educated on the process in the local market.
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