Commercial property tax review

Your property may be over-assessed. Here is what that means.

Counties re-use old numbers. Markets move. When your assessment stops matching what your building actually rents or sells for, you overpay every year until someone appeals it. This page walks through the math on your property and what fixing it involves.

Built from public county records, not a mailing list No hearing attendance required from you Typical engagement is contingency: no reduction, no fee
The math, worked through (illustrative example)
County assessed value$4,000,000
× common level ratio
What the county's number implies it's worth$8,000,000
compared against
What rents & recent sales actually support$6,000,000
Gap: $2,000,000. At a 30-mill tax rate, that's roughly $60,000 in estimated year-one savings if the appeal succeeds. Your one-page breakdown uses your county's real ratio and your property's real numbers.
The math

Three numbers decide whether you're over-assessed.

No formulas to memorize. Here's the whole idea in plain terms.

i.

What the county says

Every county assigns your property an assessed value, then applies a common level ratio (CLR) to convert that number into what it implies your property is worth on the open market. That ratio is public and changes every year.

ii.

What the market actually says

Real market rents, cap rates, and recent sales of comparable buildings tell you what your property is actually worth today, the same way an appraisal or income analysis would.

iii.

The gap, times your millage

When the county's implied value is higher than the market-supported value, that gap is your over-assessment. Multiply the gap by your local millage rate and that's roughly your year-one tax savings if the appeal wins.

Example, not your numbers

Say your county's assessed value is $4,000,000, and the county's common level ratio implies your property is worth $8,000,000. If real rents and comparable sales show it's actually worth $6,000,000, that's a $2,000,000 gap. At a combined millage rate of 30 mills, that gap is worth roughly $60,000 a year if the appeal succeeds. Your property's real numbers, using your county's real ratio, are in the one-page breakdown we sent you.

What an appeal involves

You sign one engagement. We handle the filing.

Here's the whole process, start to finish.

1

We review your number

Your appraisal partner checks the county's assessed value against real market rents and recent comparable sales for your property.

2

They file before the deadline

If the math supports it, the evidence is prepared and the appeal is filed with the county before its filing deadline. You don't have to track the date.

3

No hearing for you to attend

Your appraisal partner handles the county process on your behalf. You're kept informed; you don't need to show up.

4

You pay only if it wins

Typical engagements are contingency-based. If we don't win a reduction, there's no fee.

Who's doing this

Two firms, one job: get your assessment right.

Finds the property

OverAssessedRE

We go through public county assessment records, parcel by parcel, and flag commercial properties where the assessed value doesn't line up with what the property is actually worth. Yours came up as a candidate.

Reviews and files

Mid-Atlantic Appraisal Consultants

A licensed appraisal firm in Pennsylvania and New Jersey. They review the numbers we surface, confirm the market value with their own analysis, and file the appeal with the county if it holds up.

Questions

Straight answers.

Why did I get an email about this?

Your property showed up in a public-records review of commercial assessments in your county. We compared the county's assessed value against real market data and it looked worth a second look. That's the whole reason you heard from us.

What does this cost me?

The initial review and the one-page breakdown are free. If your appraisal partner takes on the appeal, the typical structure is contingency: no reduction, no fee. Exact terms are covered on the call, before anything is signed.

Do I have to do anything?

Reviewing the breakdown and getting on a short call is it. If you move forward, your appraisal partner handles the evidence, the filing, and the county process. You don't attend a hearing.

Is this legitimate?

Yes. Property assessment appeals are a standard, public right every commercial property owner has. We use public county records, and a licensed appraisal firm handles the filing. Nothing here requires you to give up any information beyond what's on a normal call.

What if my property isn't actually over-assessed?

Then your appraisal partner will tell you that, and there's no appeal filed. We don't get paid for filing appeals that don't hold up, so there's no incentive to push one that doesn't.

Fifteen minutes to find out if your property qualifies.

Bring your last assessment notice if you have it. We'll walk through your county's ratio, your property's numbers, and what an appeal would look like for you.