Continued pressures created by elevated levels of mortgage interest rates, vacancies, as well as stricter lending policies, point to higher capitalization rates, lower property values and tax appeal opportunities in 2025....more
1/17/2025
/ Capital Markets ,
Commercial Property Owners ,
Commercial Real Estate Market ,
Interest Rates ,
Investors ,
New Jersey ,
Property Tax ,
Property Valuation ,
Real Estate Investments ,
Real Estate Market ,
Tax Appeals ,
Tax Assessment ,
Tax Liability ,
Tax Planning ,
Vacant Properties
In a recently decided case 3 University Plaza SPE, LLC v. City of Hackensack 5002-2014, 1670-2015, 3553-2016, 1163-2017, 3768-2018, 12891-2019 – 3 University Plaza SPE LLC, et al. v. Hackensack City (njcourts.gov) concerning...more