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Reassess Property Values? - Just a Thought

Is it finally time for the township to reassess all property values?

I find it very odd that no one made a comment when I proposed the township perform a total property reassessment as a way to avoid property tax rate increases (when the total amount the School District requires from local property tax payers remains the same or decreases). The last few property tax rate increases are due to all of the successful property tax assessment appeals reducing the township's total property tax value.

I made that comment in response to an article about the Board of Education proposing a budget for the Executive County Superintendent to review that reduced the amount required from local property taxpayers, but raised the tax rate.

I admit I don't know how much a reassessment project would cost (that should be a factor in deciding whether it is feasible). However, I don't hear anyone, especially those who comment about not wanting tax rate increases, suggesting a reassessment.

What do you think?

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Jack Wagon April 06, 2012 at 04:54 PM
Dan, If you wouldn't want a reassessment, you should want to appeal. I bought my house in SB 1996 also. New construction. It is worth more now (as per comps.), but not as high as the township said it was worth. They had no choice but to lower my taxes.
Jack Wagon April 06, 2012 at 04:59 PM
Unions are slugs, Joe. We've gone over this. The middle class is losing ground because of, and despite the unions.
Jack Wagon April 06, 2012 at 04:59 PM
Right. That's why the only defense you have is to appeal your property taxes.
Jack Wagon April 06, 2012 at 08:20 PM
I probably could look it up, it was North Plainfield and Toms River.
Winston April 06, 2012 at 08:53 PM
Oh...yea....I hate haters who hate hate! So there Comrad Joey!

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