August 12, 2014.
A 2014 primer provided by the Ocean Grove Home Owners Association for anyone who missed the July meeting of the HOA or who would like a refresher.
Here are the steps in the 2014 revaluation process:
1. An inspector from Realty Appraisal will visit your home to do a visual inspection. All inspectors are required to carry a photo ID. Generally, the inspector will measure the outside dimensions of the home, and count the number of bathrooms. The inspector may also ask whether you have renovated or added to your home since the date you acquired it.
2. In November, letters will go out to each homeowner with a preliminary valuation of the home. Homeowners who believe that the preliminary valuation is inaccurate may call Realty Appraisal to set up an appointment to discuss the valuation.
3. Realty Appraisal’s notes of each meeting with a homeowner will be delivered to the Neptune Township Tax Assessor, who will make a final determination of valuation.
4. A second letter, with a final valuation, will be then sent to homeowners.
5. In approximately the last two weeks of December, every homeowner will receive a postcard confirming the assessed valuation of his or her home for 2015.
6. Homeowners who wish to appeal their assessments have until January 2015 to file an appeal with the Monmouth County Board of Taxation.
Note that each communication (letters and post card) will contain information about how to proceed to the next step in the process. If you have questions, you should contact the Tax Assessor’s Office at (732) 988-5200, x 248.
Are you sure about # 5 and #6 ? If only receiving Assessments last 2 weeks of December and just have until January to appeal them then that leaves very very little time to put together an appeal. That just does not seem right.
Also as tax rate for 2015 will not be set by December/January then how can one figure out exactly what their new taxes will be ? Again that does not seem right either. Assessment x tax rate = taxes
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Frank: Do you think that the experts at the Home Groaners Association will actually respond to your inquiry? It’s their list, so they are on their own. You will notice that they referred any questions to the tax assessor’s office—it’s sort of a hit and run service by the HGA.
Ken Buckley, an HGA trustee, used to help us out on BF, but he is AWOL lately. —PG
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Haney said we could determine the factors recorded by the assessor by looking at the property cards found on the county tax web site. I have done so and the factors are not simply “the number of bathrooms” and the size of the house as indicated by the OGHOA letter. In fact, the factors entered into the assessment formula are many more than that. Here’s what I see for my house:
BUILDING INFORMATION
Type and Use
Number of stories
Style: e.g. single family, multi family, hotel
Exterior Finish, e.g wood siding, vinyl siding, brick
Roof Type
Roof Material
type of Foundation
Condition
Quality: 45
# of Bathrooms which are Modern, Average, or Old:
# of kitchens which are Modern, Average, or Old:
Room Count: Total bedrooms, total bathrooms
Year Built
Effective Age ( in years)
Sq. footage of each floor, incl. basement
sq. footage of home which is heated and type of heating
sq. footage of home with AC and type of AC
number of 3 Fixture baths
number of fireplaces
square footage of open porch
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Some of these factors are truly subjective — e.g the quality rating, and whether a bathroom is average, modern, or old, and the effective age of the house.
I wish Mr. Haney had explained these factors to us at the OGHOA meeting, and in particular, the criteria for determining the subjective factors instead of telling us to look them up on the computer.
Editor’s note: Thank you Dr. Carol for being a citizen reporter. We can use more help like this. —-Paul @BF
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