Jersey Shore Homeowner Loses Bid for Property Assessment Freeze

The Borough of Deal, N.J., properly increased the assessment of a man’s beach house because the property didn’t qualify for an valuation freeze, a state tax tribunal ruled Friday.

Gabriel Ades sought to invoke the New Jersey Freeze Act to apply the property’s $10.5 million assessment for 2023 to 2024. But the borough had the right to up the assessment to $12.2 million for the later year because a Monmouth County Board of Taxation’s judgment upholding the 2023 assessment wasn’t the result of a value determination, New Jersey Tax Court Judge Mala Sundar ruled.

• The board didn’t conclude the ...