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encin t1_it2qi2l wrote

Reply to comment by Successful_Pen_2387 in Jersey City property owners can brace for more pain in fourth-quarter tax bill by OkAbbreviations4982

Yeah the heights is really under assessed right now, they will see the biggest increase if we have another reval.

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bodhipooh t1_it2xq2m wrote

ha ha ha! Another reval? You think we waited 30 years for one but somehow the local admin will push (or, allow) another one already? Keep dreaming. The next reval is ~10 years out, at the earliest.

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OkAbbreviations4982 OP t1_it3a4ku wrote

Fulop wanted another reval almost immediately, likely to help out his buddies at Dixon.

"Fulop, in his state of the city address this week, said he plans to put a measure before the council in upcoming weeks to pave the way for a second reval in 2019, one that would readjust assessments after an expected dive in home values from the current reval."

https://www.nj.com/hudson/2018/02/downtown_residents_protest_jersey_city_tax_reval_t.html

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bodhipooh t1_it3mhmi wrote

Dude, he had to come and say that. Dixon is/was a big donor for him. But, in reality, a new reval would do nothing for him, or the administration. DTJC residents are already upset and salty over their adjusted temperature tax bills. Another reval that adjusts values upwards significantly in JSQ, Heights, and/or BL will simply reinforce the narrative that the mayor is only in it for his "rich constituents" in DTJC and create *more* animosity in the electorate in the rest of the city. There is truly nothing to gain from another reval happening anytime soon. He will manage to piss off everyone. It's not like DTJC residents will suddenly turn around and be happy with their elevated tax bills, which will never come back down to the same level as before. There will not be another reval anytime soon, guaranteed.

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