2009 Mar 27th

Hoboken Open House Google Map – Sat. 3/28 and Sun. 3/29

The Hoboken Interactive Open House Google Map has been updated for the weekend of March 28th and 29th.  Click the link below or the image of a little map in the right sidebar.  Every Hoboken open house from the Current, the Hoboken Reporter, the MLS, every Realtor website and Craigslist have been compiled for your easy reference complete with days, hours, and a link to the MLS listing itself.  You can search by unit size, price or location.  You can use the “search” box to search by street name, too.  Click on the colored location markers for details:

Hoboken Open Houses

Legend:
* Red Bubbles = 1BR condos
* Green Bubbles = 2BR condos
* Yellow Bubbles = 3BR condos and houses
* The Deals of the Week = bright, yellow dollar signs.

New listings (less than 10 days on the market and/or first timers on the map) are indicated with a “push pin” instead of a “bubble”. The colors work the same as above.

* Blue Bubbles are missing some piece of data – for example, the property has not yet been listed on the MLS so there is no link. I make them blue to remind myself that the item is incomplete.

* Markers with a dot in the center are OHs from a week ago that are not having open houses this weekend. Properties that have not had Open Houses two weeks in a row have been dropped from the map.

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Posted by Lori Turoff | Currently 21 Comments »

2009 Mar 20th

Hoboken Open House Google Map for Sat. March 21st and Sun. March 22nd

The Hoboken Interactive Open House Google Map has been updated for the weekend of March 21st and 22nd.  Please note that in addition to the link below, we have a permanent link in the sidebar.  Just click on the image of a little map to the right and VOILA!  Every Hoboken open house from the Current, the Hoboken Reporter, the MLS, every Realtor website and Craigslist have been compiled for your easy reference complete with days, hours, and a link to the MLS listing itself.  You can search by unit size, price or location.  You can use the “search” box to search by street name, too.  Click on the colored location markers for details:

Hoboken Open Houses

Legend:
* Red Bubbles = 1BR condos
* Green Bubbles = 2BR condos
* Yellow Bubbles = 3BR condos and houses
* The Deals of the Week = bright, yellow dollar signs.

New listings (less than 10 days on the market and/or first timers on the map) are indicated with a “push pin” instead of a “bubble”. The colors work the same as above.

* Blue Bubbles are missing some piece of data – for example, the property has not yet been listed on the MLS so there is no link. I make them blue to remind myself that the item is incomplete.

* Markers with a dot in the center are OHs from a week ago that are not having open houses this weekend. Properties that have not had Open Houses two weeks in a row have been dropped from the map.

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Posted by Lori Turoff | Currently Comments Off

2009 Mar 6th

Lower your Hoboken Property Tax Assessment

Are You Paying More Than Your Fair Share of Property Taxes?

I received a postcard in the mail today asking me this question.  Of course, it is a question on any Hoboken property owner’s mind these days.  The card also directed me to a website:  www.HudsonCountyTaxAppeals.com and had a contact phone number.   I had heard in the office that a local real estate attorney was also advertising his services for tax appeals.   I gave them a call curious to see what it was all about.

If you give them your address, they will look up your tax records and see if the assessment falls within the proper ratios.  If it looks like your property is over-valued, they will assist you (for a fee) in fighting the assessment.  The fee varies from $199 to $599 depending on how much they do for you and how much you do for yourself.  The initial call, however, is free.

Tax appeals have been successful in Hoboken.  I recently showed two almost identical units at 211 Jefferson.  One had successfully appealed and his taxes were reduced from $8,062 to $6,554.  That on a 800+ square foot unit being sold for about $435,000.

April 1 is The Deadline to Appeal Your Assessment

Without going into excruciating detail here, there is a New Jersey law that provides for an appeal of your tax assessment.  The State has some good brochures that explain the procedure.  Basically, if your property is worth less than the city thinks it’s worth, you can prove it by providing comps to similar properties.  Unfortunately, the comps have to come from sales from prior to Oct. 1 2008.  Of course, after Sept. 15th everything changed.  Sales prior to Oct. 1 may be likely to show higher prices than more recent sales.  Maybe this is something to keep in mind for next year. 

For More Information On Hoboken Tax Assessments and the Appeal Process

The local organization called the Hoboken Tax Reform Coalition also has links to many informative documents on this subject on their website, including downloadable PDF brochures put out by the State of New Jersey.  If you google “Hoboken tax appeal” you’ll find a bunch more sites.

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Posted by Lori Turoff | Currently 3 Comments »

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