Revaluation

We encourage any who desire an informal hearing, to discuss the proposed valuation of their property, to call as soon as possible. The hearings are nearing their completion.

The inspection and valuation phases of the revaluation have concluded. Mailing of residential property values began on January 8, 2010.

If you have any questions or if you disagree with the preliminary valuation, you will have an opportunity to schedule an appointment with a representative of Appraisal Systems Inc. to discuss your concerns. An informal hearing will be available for property owners who have questions or concerns about the preliminary assessment of their property. The interview can be scheduled at a time convenient to the property owner and will take place in Princeton Borough. Please refer to your letter for instructions on how to schedule a one-on-one meeting with a representative of Appraisal Systems, Inc.

The interview process will be informal and will focus on a discussion of your property. These one-on-one conferences are designed to continue the information gathering process and may result in an increase, decrease, or no change to the proposed assessed value depending upon the facts relevant to each individual case. No decision can or will be made at the time of your meeting. Appraisal Systems, Inc. staff along with the Municipal Assessor will consider the information obtained and notify you by mail with the outcome of the review.

Once all the final values have been established, a proof book will be authorized to be printed for public viewing. All documentation that was used during the revaluation will be turned over to the municipality for their records following the completion of the revaluation.

Thank you for your cooperation during the revaluation process. Any questions regarding the revaluation process can be directed to the firm at 1-800-994-1999.