Revaluation

Little Falls

Project Status (as of July 1, 2008)

Letters introducing the Revaluation program, approved by the municipality have been sent. This mailing also included a two color, four-page brochure that explains the reasons for the program and the methodology to be employed.

The firm in cooperation with the assessor has established all criteria, essential variables, and cost parameters to be employed for use in the revaluation program.

Key personnel of Appraisal Systems, Inc. rode the entire town. As a result of this effort, preliminary homogenous neighborhoods were established.

A procedure has been implemented to identify record and analyze all the usable sales for the purpose of establishing preliminary values. All properties that have sold more than once in a particular sampling period have been identified, recorded and analyzed for purposes of establishing the trends in current market conditions as they apply to residential and commercial properties.

Residential field work is in progress. Prior to an inspector visiting your property you will receive a postcard notifying you of a pending inspection so you can better anticipate an inspection timeframe. Approximately 80% of the residential properties have been inspected to date.

Photographers are in the process of taking front and rear pictures of all improved properties for use in the revaluation program.

Inspection Status (as of April 14, 2008)

Inspectors are currently working on the following streets within the Township:

• BEATTIE CT, BERGEN DR, BOGART ST, BRADFORD AVE, BROOK CT, BROOKSIDE AVE, BROWERTOWN RD, CAMP BAL PL, CEDAR GROVE RD, CENTER AVE, CHARLES ST, CHERRY ST, CLARENCE AVE, CONEY RD, CRANE ST, DEWEY AVE, DONATO DR, DOUGLAS DR, ELM CT, FIRST AVE, FRANCISCO AVE, GRAY ST, GREENBRIAR RD, GREY ROCK AVE, GREY ST, GROVE ST, HOPSON AVE, HUDSON ST, ISLAND AVE, JACOBUS AVE, LINCOLN AVE, LINDSLEY RD, LONG HILL RD, LORETTA DR, LOUIS ST, MAIN ST, MAPLE ST, MARTIN PL, MEADOW DR, MICKLEJOHN AVE, MONTCLAIR AVE, MORNINGSIDE CIR, MOZART AVE, MULLER PL, MUZZY RD, NWK POMPTON TPK, OAK DR, PARKWAY, PATERSON AVE, PAUL PL, PINE CT, PLEASANT AVE, PROSPECT ST, RANDOLPH PL, REINERS RD, RIKER AVE, RIVER BLVD, ROBINWOOD DR, SECOND ST, STANLEY RD, STANLEY ST, STEVENS AVE, STINSON PL, STRICKLAND AVE, TAYLOR AVE, THE COTTAGES, THIRD ST, THOMAS ST, TOLSTOI PL, VAN NESS AVE, VAN PELT PL, VERANDA AVE, WALNUT ST, WARREN ST, WEAVER ST, WESTEND AVE, WILLIAM ST, WILMORE RD, WOOD ST, WOODCLIFFE AVE, WOODHULL AVE, WOODSIDE AVE, YOLANDA DR, ZELIFF AVE

The following inspectors are working within the Township (you can look up their resumes here):

• Dan Carlson, Dan Golub, Schubert Jacques, Marty Jawor, David Kaye, Alex Kohatsu, Alvin Lee, Mike Wagoner