Revaluation Information

The revaluation has finished its report. It will be presenting the report at an upcoming meeting soon.

Revaluation Commission Meeting Schedule

Documents and Links

State Division of Taxation reference material on appraisals – a list of useful links and information
Appraisal Systems letter explaining many aspects of the revaluation (pdf)
Appraisal Manual Vol I (pdf) — Official manual used by appraisers, explains methods
Appraisal Manual Vol II (pdf)
Borough Neighborhood Map (pdf)
Township Neighborhood Map (pdf)
Township FAQ on revaluation (pdf)
Contract with Appraisal Systems(pdf)
Revaluation FAQ from the NJ Office of Legislative Services (pdf)
Title 54 – Property Tax Code (Word Document)
Borough Sales Study - Excel – Information on Borough properties including sales, assessment, land/ improvement breakdowns etc.
Township Sales Study - Excel
Revaluation Relief Act of 1993 (Word)
Statute on Assessments (pdf)
Mercer County Chapter 123 Rates
Reassessment Program FAQ (pdf)– Document from Bridgewater, NJ which uses an annual reassessment program to keep revaluations current

ASI website- Borough
ASI website – Township

Legislation pending that would allow interior property inspections every 8 years instead of 4.

Google Earth Maps illustrating property values and shifts

To view the maps offline on your own computer, click on the link, then download and install Google Earth and then click on “open in Google Earth” which will download the map file.(maps were created by Jon Crumiller using Google Earth. If you would like the code he used to translate the data into the visual information on the maps he’d be happy to share it, use contact form)

NJ Property Tax Assessments – color coded map showing housing values based on assessments on residential properties

Code: Dark red = less than $250,000 Pink = $250,000 – 500,000 Yellow = $500,000 – $1,000,000 Green = $1,000,000 – $2,000,000 Blue = greater than $2,000,000 Dot in the middle of the icon = Borough.

Increase/ Decrease from Revaluation – color coded map showing increases and decreases as a result of revaluation

Code: Blue > 30% tax decrease /Green between 0% and 30% tax decrease / Yellow between 0% and 30% tax increase /Pink: between 30% and 60% tax increase /Dark Red: > 60% tax increase / Dot in the middle of the icon = Borough. / White means no data