Resolution from the Lodi Mayor and Council's December Meeting:
Click on links below to view recent posts on the subject:
I placed an OPRA request to see the CURRENT property
tax card for the property “JMP 150-174 Essex St. LLC” (Block 174.01, Lot
11.02). I received that record this
week:
Click on link below to view the property tax card:
The card shows a 2018 Land Assessment of $640,800
(which is a $109,200 less that the 2004 assessment of $750,000) and an
Improvement Assessment of $8,735,000 for a total assessed value of $9,375,800. The resolution by the mayor and council lists
the land assessment at $0.
The property tax card shows that a new office building
was added to the assessment in 2018 even though it doesn't list an approximate year that it was built. An old building that was demolished is dated 4-19-12. The
assessed value for the new office building is listed at $8,735,000.
How can the assessed value for Improvements be reduced
from $8,735,000 to $1,450,000 when the office building has to be fairly new?
The property tax card is not reflecting any updates
since JMP was awarded its $216,765.15 tax refund.
Lodi deserves a clear and truthful explanation as to
what is going on here.
George Reggo is
a crooked tax assessor. No
longer can the public allow Alan Spiniello, the borough manager, mayor, and
council to avoid answering for these tax refunds by saying George Reggo is
responsible and does “in house” adjustments.
All are aware of George Reggo’s egregious past and current violations.
Post date: 1/20/19
Post date: 1/20/19
