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Current Belmar Alerts » Message from Tax Assessor: Property Revaluation Updates

10/20/2016 at 07:00 PM

Throughout the year, a revaluation of all properties with in the Borough has been conducted as required by the Monmouth County Board of Taxation.  Preliminary improvement values are being created.  The final land values are being determined based on the most recent sale data.

Our Assessor anticipates that any changes in assessed values as a result of this revaluation will proceed according to the following schedule:

  • During the week of November 9, 2016, notification letters will mailed to property owners informing them of the results of the revaluation of their property.

  • Beginning the week of November 14, 2016, property owners may request an informal review of property card information.

  • Beginning December, 1 2016, official “Notice of Assessment” postcards will be mailed.

Please be advised that January 15, 2017 is the last day to file an appeal of properties assessed at less than $1,000,000.  Appeals may be filed through the Monmouth County Board of Taxation.

May 1, 2017 is the last day to file an appeal for properties assessed at more than $1,000,000.  Appeals in this category must be filed directly with the State of NJ.

 

Thanks,

Ed Mullane

 

UPDATE: The Tax Assessor has requested an extension of time to complete the 2017 Revaluation. House to house inspections are continuing. Thank you all for your cooperation. Details to follow.


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