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12/12/2010 - Property Revaluation Update 12/12/10

 

The Somerset County Board of Taxation ordered a Borough wide revaluation to be conducted during 2010 to be effective for the 2011 tax year.

 

A contract was awarded to “APPRAISAL SYSTEMS INC.,” located at 8 Cattano Ave., Morristown, NJ 07960-1916.

The firm has now completed all interior inspections, and will be mailing letters to all property owners advising them of the market value of their property as of October 1st, 2010.

 

The letter will have a phone number to call if you want to make an appointment to discuss the new value/assessment.

Please  DO NOT call the assessor’s office. 

The first mailings will be for residential properties only.


The inspection and valuation phases of the revaluation have neared completion. Mailing of property values began on December 2, 2010

If you have any questions or if you disagree with the preliminary valuation, you will have an opportunity to schedule an appointment with a representative of Appraisal Systems Inc. to discuss your concerns. An informal hearing will be available for property owners who have questions or concerns about the preliminary assessment of their property. The interview can be scheduled at a time convenient to the property owner and will take place at a location within the municipality. Please refer to your letter for instructions on how to schedule a one-on-one meeting with a representative of Appraisal Systems, Inc.

The interview process will be informal and will focus on a discussion of your property. These one-on-one conferences are designed to continue the information gathering process and may result in an increase, decrease, or no change to the proposed assessed value depending upon the facts relevant to each individual case. No decision can or will be made at the time of your meeting. Appraisal Systems, Inc. staff along with the Municipal Assessor will consider the information obtained and notify you by mail with the outcome of the review.

Once all the final values have been established, a proof book will be authorized to be printed for public viewing.

Thank you for your anticipated cooperation during the revaluation process. Any questions regarding the revaluation process can be directed to the firm at 1-800-994-1999 

 For additional information on the Borough of Somerville revaluation, please see the Appraisal Systems web site at:

  

 Appraisal Systems Inc. Borough of Somerville Website

 

 

 

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