Schneck Law Group LLC

Over $150,000,000.00 of property taxes have been refunded by the property tax attorneys associated with Schneck Law Group LLC.

Schneck Law Group LLC exclusively represents property owners in property tax appeals and focuses on reducing real estate taxes on commercial, industrial and multi-tenant real estate. Schneck Law Group LLC has 3 property tax attorneys and a staff of trained paralegals. The firm's founder and managing member, Michael Schneck, may be reached via email at

For a free consultation about a potential property tax appeal, please do not hesitate to contact me.

Direct Dial: (973) 533-9300, ext. 1

Monday, January 12, 2009

$568,000 Tax Bill on Vacant Land

A developer building at the Penisula at Bayonne Harbor purchased a tract of land in 2007 for $18.5 million. Despite this, the City of Bayonne is taxing the vacant tract of land as if the property is worth a little over $23 million. As a result, the developer must now pay $568,000 in property taxes instead of $424,000. But that's not all, the tract of land was granted a 30-year tax abatement by Bayonne last March. Unfortunately for the developer, the abatement agreement is structured so that the tax abatement does not begin until the developer gets a certificate of occupancy. Talk about an incentive to get a portion of the development completed.

To read the full article, please click the words Real Estate Tax Appeal Attorney.


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