Revaluation

Town of Newton

The reassessment of all real property in the Town of Newton that began for Tax Year 2024 has continued on an annual basis to ensure uniform and equitable assessments. Appraisal Systems Inc. (ASI) has analyzed market data over the past year to determine the value of all properties in the Town as of October 1, 2025, for use in establishing new assessments for 2026. The market analysis has been carried out in accordance with the rules and regulations mandated by the State of New Jersey.

The projected aggregate value of the total assessments in Newton has increased for tax year 2026; therefore, the tax rate will change in a reciprocal manner. For comparative purposes, a tax rate of $2.569 (per $100 of assessed value) has been estimated for 2026 to give property owners a sense of how their property taxes may change based on the new 2026 proposed assessments. This estimated tax rate uses the budget levy from 2025 AND DOES NOT INCLUDE any potential budget levy changes that might occur in 2026. The exact tax rate for 2026 cannot be computed until the County, School, and Municipal budgets are approved and calculated into the official rate next year (typically late June).

If you desire, you may speak with an Appraisal Systems Inc. representative to discuss any relevant information regarding your new proposed 2026 assessed value as it relates to the market value of your property. Meetings can be arranged by calling (201) 493-8530 Monday-Friday between the hours of 9:30 A.M. and 4:00 P.M. Meetings will be conducted through January 9, 2026.

If you wish to request a copy of your property record card for your review, please email newton@asinj.com. Please allow up to 72 hours to receive your property record card by email.

Thank you for your continued cooperation during the reassessment process.

2025 - Newton Intro Letter (pdf file)
Reassessment PowerPoint Presentation (pdf file)

2026 - Newton Impact Study (pdf file)
2026 - Newton Tax Worksheet (pdf file)
2026 - Newton Tax Worksheet (xlsx file)

Newton Prelim NBHD Map (pdf file)

Newton List of 2024-2025 Sales (xlsx file)

2026 - Newton Residential Assessments (xlsx file)

Non Usable Sales Codes and Definitions (pdf file)