Apartment Building Property Tax Appeals in New Jersey

Who This Is For

• Apartment owners

• Multifamily investors

• Syndications

• Property managers

Why Apartments Are Often Overassessed

• Rising interest rates

• Declining cap rates used by towns

• Rent control impacts

• Vacancy increases

How Apartment Buildings Are Valued

• Income approach

• Rent roll analysis

• Expense review

• Cap rate application

Information We Review

• Rent roll

• Income and expenses

• Vacancy rates

• Capital improvements

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