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Business valuations in New Jersey for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, partnerships, corporations, professional practices, and franchises across New Jersey, including Newark, Jersey City, and Trenton.
DEFENSIBLE, USPAP-COMPLIANT FRACTIONAL INTEREST APPRAISAL REPORTS — QUALIFIED FOR THE IRS, NEW JERSEY COURTS, LENDERS, INSURERS, AND MORE.
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Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Business Valuation Expert & Appraiser
ASA, ABV, and CFA charterholder. Since 2016 Justin has valued businesses for estate and gift tax, purchase price allocations, fairness opinions, lending, and buy-sell agreements, across manufacturing, services, retail, and pre-revenue biotech.
Business Valuation Expert & Appraiser
Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
American Society of AppraisersAccredited Senior Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow appraises minority and partial ownership stakes in New Jersey businesses: closely held corporations, LLCs, general and limited partnerships, professional practices, and family holding entities, for gift and inheritance tax filings, estate administration, purchase and sale agreements, owner disputes, divorce, and charitable gifts of stock. The state's business base runs from pharmaceutical and biotech work around Princeton through port and logistics operators near Newark and Elizabeth to financial firms in Jersey City, and the kind of company a stake sits inside changes the evidence a defensible conclusion needs.
Tax filings
A transfer of a partial interest has to stand on its own terms: the enterprise valued first, then the block itself, with the rights it carries and the restrictions on moving it written out rather than assumed from the percentage.
Ownership change
A departing owner and the people buying them out usually read the same agreement two ways. We value to the standard and the date the agreement names, and say plainly where the agreement leaves the question unanswered.
Disputes and divorce
Where a stake is being split or fought over, the conclusion has to survive a reader hunting for its weakest point, so the documents, the earnings record, and the market evidence all stay visible in the report instead of behind it.
A percentage on a certificate is not the same thing as a share of the money. What a minority stake is worth turns on what its holder can actually do, whether that is forcing a distribution, blocking a sale, or getting out at a price, and on what a buyer would pay knowing those answers.
Control and marketability
Voting thresholds, distribution history, transfer restrictions, and whether one holder already controls the outcome are read out of the documents before any adjustment is quantified, because those facts are what an adjustment exists to reflect.
Inside the entity
An operating company's machinery, a holding entity's securities, and real property each come with their own evidence, and an interest cannot be concluded with more confidence than the weakest of it supports.
New Jersey's inheritance tax rules set out what has to be put in front of the state when a closely held interest passes, and one place where the state will not follow a discount.
What the filing needs
3 years
of balance sheets and profit and loss statements
Where stock in a close or family corporation cannot be appraised from arm's length sales, the state bases value on a detailed balance sheet and profit and loss statement revised to reflect the market value of the assets as distinguished from net book value as of the date of death, together with detailed balance sheets establishing net worth and detailed profit and loss statements for each of the three years preceding the death, any stock purchase or option agreement the decedent was party to, any policy on the decedent's life held by the corporation as beneficiary, the shares outstanding and their par value, and a list of stockholders. A partnership interest is supported the same way, with the partnership agreement and any mutual purchase agreement added.
Where a discount stops
No discount
on assets reducible to cash at a known price
When book value is being determined for the stock of a closely held New Jersey corporation or for an interest in a partnership, no discount is allowed on assets that carry a definite, established, and known daily market value and are readily reducible to cash at that value, which is to say listed stocks and bonds. Preferred stock issued and outstanding is deducted at par in arriving at the book value of the common. Both are rules about the assets sitting inside the entity, and they stand alongside, not in place of, the analysis of the interest itself.
What clients say we are known for
Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
Responsive, professional, first class deliverables -- especially considering that that the appraised assets are extremely complex financial assets with little by way of comps. The deliverable satisfied my accountants and advisers as being more than adequate to support the valuation needed to complete a conversion to a Roth IRA
Business Valuation Appraisal for IRA Conversion
Joe and Aron were extremely impressive - the entire process went very smoothly. They were always quick to respond to any questions I had and could not have been more helpful. They were aware of some tight time restrictions I had and made sure I received my reports in a timely fashion. I highly recommend them to anyone needing a valuation.
Business Valuation Appraisal for Charitable Donation
I used AppraiseItNow to examine a contribution to a foundation. Their work was quick, thorough, and easy to work with, as they’ve developed a simple system for uploading documents. I plan to use them again.
Business Valuation Appraisal for Charitable Donation
The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
Business Valuation Appraisal for IRA Conversion
I found them professional & responsive. The report was quite thorough as well.
Business Valuation Appraisal for Charitable Donation
From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.
Popular uses of our appraisal reports include:
Rarely. Fractional interests are not appraised as a simple pro-rata slice because minority holders lack control and face illiquidity, so appraisers apply documented discounts for lack of control and lack of marketability after valuing the underlying entity. The interest's actual rights and transfer restrictions, not just the percentage, drive the discounts.
A multifactor analysis with no fixed formula. The ruling directs appraisers to weigh the nature and history of the business, economic and industry outlook, earning capacity, dividends, goodwill, block size, and prices of comparable traded stocks. The IRS recognizes no safe-harbor discount percentage, so each New Jersey fractional interest must be supported case by case.
Through the transfer inheritance tax, valued at clear market value on the date of death; the separate state estate tax ended for deaths after January 1, 2018. Appraisals of intangible personal property for the tax are handled by auditors at the Transfer Inheritance Tax Branch, which makes a well-documented valuation of the interest important support for the filing.
Yes. ASA Business Valuation Standards direct appraisers valuing partial interests to consider the asset-based, income, and market approaches and to explain in the report why any approach was excluded. Unexplained omissions are a recurring weakness in contested valuations, and courts and IRS reviewers look for them.
