Wirtz Property Tax Lax, LLC is a New Jersey-based law practice that provides legal advice to property owners of all sizes.
Wirtz Property Tax Lax, LLC is a New Jersey-based law practice that provides legal advice to property owners of all sizes.
Mr. Wirtz has saved clients millions in property taxes, turning a major operational cost into a competitive advantage. The impact of a successful tax appeal goes far beyond the current tax year:
Multi-Year Savings: A successful appeal not only reduces your tax burden in the appeal year but also establishes a lower base-year value, resulting in recurring savings for multiple subsequent years.
Increased Property Value: Lower operating expenses (OpEx) directly increase your Net Operating Income (NOI). Because commercial property value is often calculated based on NOI, a reduction in taxes instantly and substantially increases the total value of your asset.
Improved Cash Flow: The reduction immediately frees up capital that can be reinvested into property maintenance, capital improvements, or business operations.
Your Secret Leasing Advantage: A Lower Tax Base: For commercial owners, property tax is often a major component of a tenant’s Operating Expenses (OpEx), especially under common Triple-Net (NNN) leases. A successful tax appeal translates into a measurable market advantage you can use during leasing negotiations.
Material Tax Reductions: Savings are based on the individual assessments and properties however savings of 15%, 25%, even 50%+ are possible.
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