What is revaluation?

A revaluation program seeks to spread the tax burden equitably within a municipality by appraising each property according to its true value and assessing it based on such value. This process is almost always accomplished by hiring a revaluation company under the direct supervision of the municipal tax assessor in accomplishing this task and involves the interior & exterior inspection of every property in a municipality.

Get the brochure, “What is Revaluation” from the New Jersey Tax Website. https://www.state.nj.us/treasury/taxation/pdf/lpt/revaluation.pdf

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1. Is anyone exempt from paying property taxes?
2. When will I receive my assessment postcard and tax information?
3. How do I file a tax appeal?
4. What is revaluation?