Union City, Nj, Tax Assesment, Multi Family

[Michael Baffuto]

Hi All, How does a tax assessment work when you close on a property? I called the union city, NJ tax assessor and he basically said that they assess any home that gets purchased. My realtor is saying that’s not the case. I’m worried the current tax rate will sky rocket when I close on this multi family. It’s not new construction and not much work has been done but the cost is more than what they paid 3 years ago. Any help would be appreciated. Thanks