Property Revaluation - 2017
Field inspections may begin as soon as Wednesday, March 22, 2017.
To see areas where inspections are starting (highlighted in green), click here
To see photographs of Appraisal Systems' Inspectors, click here
About the Revaluation
The City of Jersey City is about to begin a full Revaluation of every property in the City.
This is being done due in response to an order by Governor Christie that is forcing the City of Jersey City to complete a revaluation.
While we move forward in compliance with the order from Trenton, it is essential to inform property owners about the revaluation process and the vendor who will be completing the revaluation for Jersey City - Appraisal Systems, Inc.
What is the Purpose of a Revaluation?
The purpose of a revaluation is to fairly distribute the necessary tax burden among all property owners based upon the true value of their property.
Will the Revaluation Increase my Property Taxes?
Not necessarily. The effect of the revaluation on your tax bill may vary and there are a number of reasons why it is impossible to predict the impact on any individual property owner's tax bill.
The revaluation will not increase the total amount of revenue to be raised by taxation. The amount of property taxes is based on the cost of operating the school district, county government and municipal government.
The revaluation will increase the aggregate value of property in town, however because the same amount of overall tax revenue will be collected, the tax rate will decrease. So property assessments will go up, but the tax rate will go down.
Until the revaluation is complete and the tax rate computed, it will be impossible to determine your property tax bill.
About Appraisal Systems, Inc
Appraisal Systems Inc has over 30 years experience in the fields of revaluation and property appraisal. Find out more about Appraisal Systems, Inc at their corporate website
Any inquiries regarding the inspection procedure should be directed to the firm at (201) 493-8530.
About the Process
In the coming months, inspectors from Appraisal Systems will visit every property, measuring and photographing the exteriors of all buildings and inspecting the interiors.
It is important to note that you should NOT allow anyone to enter your home without proper identification.
All representatives will be provided with photo identification approved by the City.
Owners of rental property should notify all tenants that interior inspections will be required for the revaluation, and that a signature will be requested to verify that the inspector made an interior inspection.
After all of the appraisals for the revaluation have been completed, you will be notified of the valuation placed on your property. You will also be provided with an opportunity to review your new property assessment with a qualified representative of the firm.