Inspections also allow us to assess alterations and/or improvements that may have been completed without building permits.Īll properties, physically inspected or not, will have their assessments reviewed annually. The purpose of inspections is to obtain accurate data on each property, therefore helping us to achieve more fair and accurate assessments. Inspections are conducted throughout the year, weather permitting. As such, we inspect approximately twenty percent (20%) of the township’s properties each year. The 2023 assessments reflect market value as of October 1, 2022, using sales from October 1, 2021, through October 1, 2022. Annual reassessing contributes to more equitable and uniform assessments throughout the Township and a more equitable ratable base for every property owner.Īnnual Reassessing requires inspection of all properties over a five (5) year cycle. These values become the final assessed values for residential properties and should closely reflect market value.Īll assessments are reviewed annually and adjusted to reflect market value as of October 1 st of the pre-tax year.

The values are derived through the formulation of models, developed from closed comparable sales, and uniformly applied to comparable properties based on design, quality, and location. The Assessor is responsible for identifying and placing a value on every parcel of land within the Township's borders. The Mission of the Office of Assessment is to maintain a fair and equitable tax base for the Township, based on sound assessment practices, and to treat all property types and owners impartially. Most Assessor’s Office related business can be handled via phone at 90, or by email at If you're looking for residential property information, please click on the 'SQUARE FOOTAGE & ASSESSMENT DATA' button on the right side of the page.

The current real estate market will be reflected in the 2024 assessments. Please note that the 2023 assessments are based on the real estate market as of October 1, 2022. * The Notice of Assessment postcards are now white * Recreation, Parks & Pathways Advisory Committee.Emergency Planning Committee & Flood Mitigation.

Franklin township nj tax office