Revaluation

Ringwood

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.

A Power point presentation on the revaluation program was given on March 18, 2008 by Ernest Del Guercio, Sr., Rick Del Guercio, Glen Sherman and Robert Brescia at the Ryerson School.

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. Approximately 60% of the residential properties have been inspected to date.

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

Inspector Locations (as of July 1, 2008)

Inspector	Inspector #	Streets
Chris Hendrickson	20	All recent sales
Giovanni Mazzacca	131	Skyline Lakes Dr.
		Lakeview Rd.
		Birch Rd.
		Palm Terr.
		Dogwood Terr.
		Serpentine Rd.
		High Mountain Rd.
		Oakwood Dr.
		Wildwood Dr.
		Beech Ct.
		Buena Vista Dr.
Dan Golub	12	Buena Vista Dr.
		Smokey Ridge Rd.
		Hilltop Rd.
		Skyline Lakes Dr.
		Greenwood Lake
		Mountain Glen Rd.
		Forest Rd.
Bill Palumbo	19	Cupsaw Dr.
		West Circle
		East Point
		Windbeam Ave.
Cory Ackerson	105	James Dr.
		Kozy Ct.
		Vanessa Ln.
		Edward Dr.
		Chris Terr.
		Dewey Dr.
Cecelia Aberastegui	9	Brooksyde Ave.
		Orchard Rd.
		Sunset Rd.
		Oliver Pl.
		Lakeview Ave.
		Tice Pl.
		Ramapo Pl.
		Short Pl.
		Main Beach Rd.
Dan Carlson	66	Lakeview Ave.
		Upper Lakeview Ave.
		Mohawk Trl.
		Underhill Terr.
		Pine Pl.
		Overlook Terr.
		Cupsaw Ave.
		Summit Pt.
		High Point Ln.
		Weir Pl.