Nursing Home Property Tax Appeal NJ

Facility Types

• Skilled nursing facilities

• Assisted living facilities

• Memory care facilities

• Long-term care facilities

Common Assessment Issues

• Business value included in assessments

• Incorrect income assumptions

• Declining occupancy rates

• Rising operating expenses

Valuation Method

• Income approach

• Expense analysis

• Market cap rate

Documents Needed

• Income and expenses

• Occupancy rates

• Financial statements

CTA
Request a Nursing Home Tax Review