Revaluation

Town of Newton

The Sussex County Board of Taxation directed the Town of Newton to undertake a Complete Reassessment Program beginning with tax year 2024 and continuing through 2028. We are now entering year 2 of the program. This program will ensure uniform and equitable assessments throughout the municipality, account for recent changes in the real estate market, and significantly reduce costly tax appeals. The Town has contracted with Appraisal Systems, Inc. to assist in conducting the Reassessment Program.

During 2023, 100% of all properties were inspected to establish the new assessments for Tax Year 2024 (the Base Year). As per NJ Division of Taxation requirements, at least 25% of the Town’s properties must be reinspected each year over the remainder of the program (2025-2028). These inspections help assure that current market valuations are maintained each year.

If your property has a unique condition that you feel influences value, please send documentation to Appraisal Systems, Inc. (17-17 Route 208, Suite 210, Fairlawn NJ, 07410) and it will be considered in the process.

Regardless of when a property is visited during this 5-yr program, new assessments for 2025 will be determined on ALL properties based on the estimated market value as of October 1, 2024 (the statutory date by law). It is important to note that while only 25% (+/-) of properties are being inspected each year after the base year - ALL properties in town will be re-valued based on recent trends determined from a review of sales and rental activity within the past year. All property owners will be notified by mail of their proposed new assessed values and will have an opportunity to review and/or contest same.

Any inquiries with respect to the inspection and/or valuation procedure should be directed to Appraisal Systems, Inc. at (201) 493-8530.

Newton Intro Letter 2024 (pdf file)

Gregg Bucino - Inspector 112 (pdf file)
Lisa Calligan - Inspector 487 (pdf file)

Newton Inspector Locations (xlsx file)