WOZ Value Objection: Who Qualifies and What You Get
If you disagree with the assessed value of your property, you can file an objection to potentially lower your tax assessment.
This scheme allows homeowners to formally disagree with the assessed value of their property as determined by the local municipality.
Who it's for
This is for homeowners who believe the official value assigned to their property is higher than its actual market value.
What you get
You gain the right to file an objection against the assessed property value. If successful, this can lead to a lower valuation, which may reduce the taxes you owe based on that value.
What it costs you
There is no fee to file an objection. However, it does require time and effort, as you must provide evidence—such as documentation or comparable sales—to prove that the property's market value is lower than what was assessed.
The catch to know
You cannot wait indefinitely to act. You must file your objection within 6 weeks of receiving the official notice regarding your property's value.
How to apply
- Review your official property value notice.
- Gather evidence that supports a lower market value for your home.
- Contact your local municipality to submit your objection and supporting documents.