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As directed by the Morris County Board of Taxation, the
Township of
Montville must revalue all
of its properties to fair market value for the 2012 tax year. The Township has contracted with Appraisal Systems Inc. to
conduct the revaluation program. Appraisal Systems representatives will carry photo
identification and their names will be registered with the Police Department and the Municipal Building. The field representative will conduct an exterior and
interior inspection of the property to verify the existing property record card
information. Please refer to the introduction letter Appraisal
Systems mailed to you if you have any questions or contact the Tax
Assessor’s office.
General information regarding the revaluation process is available on Appraisal System's website: General Revaluation Process Information
Specific information regarding the revaluation project in Montville Township is also available through the following link on Appraisal System's website: Montville Township Revaluation Project
Status of Revaluation (February 1, 2012)
The inspection and valuation
phases of the revaluation have concluded. Residential condominium and townhouse
property owners have received their valuation letters and had the opportunity
to review their assessments at informal hearings with a representative from
Appraisal Systems.
The same procedure is underway with all other Residential properties.
Residential value letters were mailed out January 19, 2012 and
informal hearings are proceeding. Commercial property owners will be notified of the value of their properties
by the end of the week noted above.
Appraisal Systems is scheduling
sufficient time to fully review and discuss the proposed assessment with all
taxpayers who wish to avail themselves of this opportunity. Each taxpayer will be informed in writing by
Appraisal Systems of the result of their assessment review within four weeks of
the conclusion of all reviews.
Residents should be aware that until the tax rate for 2012 has been set, new tax bills can not be calculated. The new tax rate will be available following the adoption of the School District, Fire District, County, and Municipal budgets, most likely in early summer. |
