--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
> And you should all have your TAXES REDUCED like the partners did
> from2006 to 2007: exmaple: 1200 Ocean Ave. .75 acres. Asses value
from
> $1,233,300 DOWN to 532,000.
You may be aware that I had requested from the City the decrease in
assessed values in the WRA by virtue of demolitions. I had heard that
it was a decrease of $2M. I kept pressing the City for the info, and
after 3 months, Reidy called me to discuss. He said that I would have
to do the analysis myself and that they would make the materials
available to me. He said what I asked is too time consumng for the
assessor.
I didn't want them to negate the decrease by market increases. I don;t
think what I asked is so complex, and quite frankly, if I wanted to do
it myself, I think I could simply use what's available on line. I don't
think it would be that difficult for the assessor and it is something
the city should already have a handle on.
In fact, more importantly, Reidy said the analysis is complicated
because the actual decrease is over $7M! He said that the assessments
on waterfront properties that were tax-exempt under city ownership were
unrealistic and too high. They were not changed when they were sold to
Partners and subsequently they had to be lowered.
That's the City's story. I assume he is referring to CH, Casino, et al.
But come on, what about waterfront land as Oak points out? The land is
under assessed, not over assessed. I had also pointed out to Reidy the
taxes on various commercial properties that Oak also posted a few weeks
ago. Reidy appeared to be shocked by the low taxes (relatively) on
these properties an was going to look into it. We'll see.
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