What is the property tax base for houses in Medford Lakes NJ, zip 08055?
Dccnash: I think you have confused terms. The “tax base” is usually considered the amount per thousand of assessed value of a property. This figure does you absolutely no good in determining the taxes to be paid on any property for sale. If you work with a Realtor, they can tall you the assessed value and the taxes due for the current year. That’s what you need to know. Most Realtors cannot tell the tax base amount for any town; it is not published in our standard data, because we really don’t need to know. If you are thinking of getting a property and changing the amount of taxes paid, my advice is to forget it. Taxes are assessed based on the town budget and individual taxes change only with a discovery that the assessment is unfair compared to your neighbors’ assessments. Hope this helps. Best wishes on your house hunt.
