County Mandates Revaluation; Township Wins Delay
A revaluation is coming, but the tax impact will not hit until 2015 under terms of settlement agreement between county and township
The Township Committee at its regular meeting tonight is scheduled to ratify a court settlement with the county over a revaluation of all property in the township. The County Board of Taxation more than a year ago ordered the township to conduct a revaluation of all property in town, business and residential, to determine its current value. It’s a process that is conducted about once a decade. Wall’s last revaluation was in 2000, township officials said. But the town fought the order, delaying the revaluation for two years. One reason: the expense. The other: timing, Mayor Jeffrey Foster said. “We’re not happy about it,’’ Foster said. “It couldn’t come at a worse time for people – a down economy, and now all this with Sandy. I think it’s …
Tara P
3:13 pm on Wednesday, December 12, 2012
I don't think they need to come inside. I recently appealed my taxes and at the county hearing another homeowner was advocating that his taxes should be lower than others in his neighborhood based in part on the fact that he did not have an upgraded kitchen. he said that his kitchen was the original, builder-grade kitchen with laminate countertops, etc., whereas his neighbors had upgraded … more ›