How to Start Your Tax Appeal Process for 2007

If you feel you that your property is over-assessed by the City of North Wildwood and Cape May County, you can appeal your assessment at:

Cape May County 
Board of Taxation

DN-303, 4 Moore Road
Cape May Court House, NJ 08210

Phone (609) 465-1030
Fax (609) 463-0293

Freeholder  Ralph E. Bakley, Sr.

Tax Administrator George R. Brown, III
E-mail : brownr@co.cape-may.nj.us

You must pick up the required appeal forms from the County Tax Office, complete all copies of the form, and deliver the completed forms to the appropriate individuals as instructed with the correct filing fee by April 1,2007.

It’s extremely important that you list three (3) to five ( 5) comparable sales on your appeal form that you can rely on at your appeal hearing. At the hearing you will be questioned by North Wildwood Tax Assessor Louis Belasco and North Wildwood City Solicitor William Kaufmann about your comparable sales, so be prepared and know all the details you can about these sales.

Once you file your appeal, your hearing should be scheduled within 30-90 days.  If you lose your appeal with the County, you can file another appeal with the State Taxation Court in Trenton.

Real estate values have declined dramatically between October 1, 2005 and October 1, 2006 which is the time period the City and County use to determine your 2007 tax assessment.  It may be worth your while to appeal if you can find comparable sales during that period near your property where the sales prices were below significantly below your assessment.

The County and City have determined that North Wildwood, on average, was over assessed by 23% in 2006.  This means that, on average, assessed vales divided by sales prices was 123%.  This is documented by the County and State and should be helpful in the appeal process.