November 23, 2024
  JACKSON – Word has gone out to property owners informing them that inspections for the township’s planned revaluation will soon start.   Towns are required by law to undergo a revaluation once the average property assessment is more than 15% off from where it is supposed to be. Market pressures make home assessments go The post Inspections For Reval Are Starting appeared first on Jersey Shore Online.

  JACKSON – Word has gone out to property owners informing them that inspections for the township’s planned revaluation will soon start.

  Towns are required by law to undergo a revaluation once the average property assessment is more than 15% off from where it is supposed to be. Market pressures make home assessments go up and down based on a number of factors. A revaluation is done to make sure everyone is paying their fair share. A home’s assessment is not the same as the purchase price of the home.

  Tax Assessor Peter Maher issued a letter noting that Professional Property Appraisers, Inc. of Delran, had been authorized by the governing body to inspect properties to establish a 2025 revaluation assessment.

  Professional Property Appraisers, Inc. is inspecting the properties on behalf of Jackson Township and if anyone has any questions as to the validity of a representative, they are to call the Township Municipal Assessor’s Office at 732- 928-1200, or the Township Police Department at 732-928-1111.

  The revaluation which has been ordered by the Ocean County Board of Taxation and approved by the State of New Jersey, Division of Taxation, is currently underway. It will be implemented for the tax year of 2025.

  A letter by Professional Property Appraisers, Inc. explained that the goal of the revaluation program is to update all assessments to fair market value and to achieve that goal, all pertinent information must be accurately collected. 

  The inspection procedure includes a representative of the firm inspecting property and measuring all buildings on, and improvements to, the owner’s land. If no one is available during the firm’s initial inspection, they will continue with the exterior inspection and leave a post card with a phone number for you to call to set up an appointment for an interior inspection.

  Landlords were requested to inform tenants and/or caregivers of the revaluation program so they are aware of the company’s upcoming visit.

  “The people making this inspection are not responsible for developing the market value estimates. Their job is not to make an instant judgment as to valuation, but rather to collect information to be used in the valuation process,” the firm’s letter stated. “Each representative will be registered with the Jackson Police Department and will be wearing a photo identification badge. At the conclusion of the program, you will be notified by mail of the assessed value established for your property.”

  “You will also be given an opportunity to discuss the new value with a representative from the appraisal company if you so desire,” the letter added. “Any property owner who would like information relevant to the revaluation program should contact Professional Property Appraisers at 1-866-957-1388. Personnel from our office will contact you to provide information to individuals and organizations.”

  The letter concludes, “your cooperation during the revaluation of the Township of Jackson is necessary for its success. It will also ensure the most accurate assessment of your property.”

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