This article was updated on March 6 to clarify that the Municipal Property Assessment Corp. is reassessing whether to apply the updated property assessment values in 2026. The exact timing of the increase is not clear. MPAC has been contacted to provide a statement regarding the schedule.
Commercial property may go from re-assessed to stressed
Commercial properties facing potentially massive tax hikes following MPAC’s delayed assessments
CoStar Analytics
February 27, 2025 | 8:50 P.M.
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Public Administration