The Assessor's Office, under the general direction of the Monmouth County Board of Taxation and the State Division of Taxation, undertakes the assessing activities of the Borough as prescribed by law.
- Responsible for establishing an assessed valuation for all properties in the Borough as of Oct. 1st of the pre-tax year. The Assessor’s Office adjusts assessments accordingly, due to changes, such as demolitions, tax appeals, subdivisions, or improvements.
- Determines the taxability of each parcel in the Borough, not the taxes. The tax rate is formulated by the County Tax Board from the State approved budgets of the County, School Districts , the Municipality and your Fire District.
- Processes building permits to determine the value for added assessments, if improvements were made to your property during the year, you may receive an additional bill for this added value in October, due November 1st.
- Adds new ratables to the tax rolls as a result of added assessments, subdivisions, and/or changes.
- Reviews all applications for deductions and exemptions such as Senior Citizen, Disabled Persons, Veterans, & Surviving Spouse. These applications are available at our office or on our website.
- Mail out annual farmland assessment applications. Responsible for approving farmland deductions by way of review of applications and on-site inspection of each farm in the Borough.
- Maintains the current tax map for the Borough. Compiles an annual list of changes to be made to the map as a result of subdivisions, exemptions, corrections, etc.
- Responsible for approving new block and lot numbers due to subdivisions. Maintaining all new and old property addresses and approval of new street names in the Borough.
- Defends assessment upon appeal. All property owners are notified of your current year’s assessment by postcard on or before November 15th. If you disagree with this value, you must file an appeal by January 15th. Instructions can be found on the reverse of this card.
- Reviews all property sale transfers in the Borough. This includes determining if a sale is characterized as useable or non-useable, updating ownership information, changing mortgage and bank codes for the Borough Tax Collector .
- Maintains all property record cards of properties in the Borough. This information includes, ownership, mailing address, property location, year built, lot sizes, and characteristics of the structure.