Tax assessments are based on the market value of your property. Direct sales comparison, cost and income approaches are used to determine market value. During a revaluation, standards are set to be applied to each neighborhood. Thereafter, the same standard is applied to all additional property or improvements that are made.
Appeals on your assessment must be filed with the Gloucester County Board of Taxation between November 15th and January 15th of the following tax year. Forms and instructions are available from the Gloucester County Board of Taxation or the Tax Assessor’s Office. Your appeal must be based on the assessment NOT the taxes you pay. View the
Tax Court Handbook (PDF).
You must notify the Tax Collector’s office, so that they can send the bill directly to you, rather than your mortgage company.
Generally, no, we do not keep surveys in our office; unless, if at some point you personally provided us with a copy of the survey, we would not have access to those records. The surveyor who did the original survey should have a copy or perhaps the title company that did your settlement would have a copy. Usually, no one will accept a survey that is more than 2 or 3 years old. You might have to arrange for a new survey of your property to be done
The tax rate on your bill is determined by the County Board of Taxation based on budgets submitted by the Municipality, County, Schools and Fire district. Your taxes could increase yearly without your assessed value changing. This increase would be based on the “amount to be raised by taxation” in the budget. State Aid could affect this amount annually, as well.
In general, anything that will affect the overall value of your property could affect the assessment. Normally, painting, minor renovations and a new roof won’t affect your assessed value.