Property Tax Assessment Deadlines Change for Monmouth County

Changes that will impact all Monmouth County property owners are soon approaching, according to the National Law Review.

Monmouth County will be the first in the state to implement the Assessment Demonstration Program, the National Law Review reported. The program will begin in 2013 but into effect for the 2014 tax year.

The program changes filing deadlines for the property tax assessment and appeal process in New Jersey, the National Law Review said. The purpose of the program is to achieve a more cost-effective and accurate property tax administration process while increasing the number of assessment disputes settled prior to filing the final assessment list with the County Board of Taxation.

The following are new dates to remember for the tax appeal process:

• Nov. 15: Municipalities will send Notification of Assessment postcards by Nov. 15 of the pretax year, rather than Feb. 1 of the tax year.
• Jan. 15: Appeals of assessment to the county tax board must be filed by Jan. 15, instead of April 1.
• Feb. 15: If a municipality has undergone town-wide reassessment, appeals of assessments to the county tax board must be filed by Feb. 15 of the tax year, instead of May 1.
• April 1: Appeals of assessments that exceed $1 million are still due April 1 of the tax year.