This document contains official instructions for Form HWP-1 , Certification for Loss in Vacant Land Attributable to Revaluation, Reassessments and Tax Appeals - a form released and collected by the New Jersey Department of the Treasury. An up-to-date fillable Form HWP-1 is available for download through this link.
Q: What is Form HWP-1?
A: Form HWP-1 is a certification form for loss in assessed value of vacant land.
Q: What does Form HWP-1 certify?
A: Form HWP-1 certifies the loss in assessed value of vacant land attributable to revaluation, reassessments, and tax appeals.
Q: Who needs to file Form HWP-1?
A: Owners of vacant land in New Jersey who have experienced a loss in assessed value due to revaluation, reassessments, or tax appeals need to file Form HWP-1.
Q: What is the purpose of filing Form HWP-1?
A: The purpose of filing Form HWP-1 is to claim a reduction in property taxes due to the loss in assessed value of vacant land.
Q: What information is required on Form HWP-1?
A: Form HWP-1 requires information about the property owner, the property address, the current assessed value, and details about the revaluation, reassessments, or tax appeals.
Q: When is the deadline for filing Form HWP-1?
A: The deadline for filing Form HWP-1 is usually April 1st of the tax year, but it is best to check with the local tax assessor's office for the exact deadline.
Q: Are there any fees associated with filing Form HWP-1?
A: No, there are no fees associated with filing Form HWP-1.
Q: What supporting documents need to be included with Form HWP-1?
A: Supporting documents such as copies of tax appeal judgments, notices of reassessment, or other relevant documents should be included with Form HWP-1.
Q: What happens after filing Form HWP-1?
A: After filing Form HWP-1, the tax assessor will review the information and determine if a reduction in property taxes is warranted based on the loss in assessed value of vacant land.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the New Jersey Department of the Treasury.