Revaluation

City of Paterson

The Passaic County Board of Taxation and the New Jersey Division of Taxation have directed the City of Paterson to undertake the Reassessment Program beginning with the tax year 2026 and continuing through 2030. This program will ensure uniform and equitable assessments throughout the municipality, account for the recent changes in the real estate market and significantly reduce the costly tax appeals experienced in the past. The City has contracted Appraisal Systems, Inc. to assist in conducting the Reassessment Program.

Following this initial assessment, 25% of the properties will be inspected each year. It is important to note that while only 25% of properties will be inspected each year, all properties in town will be reassessed to ensure current valuations are maintained. This process helps ensure that drastic changes in value are avoided.

The first step of the reassessment process is the inspection of all properties in the City. In the coming months inspectors from Appraisal Systems, Inc. will visit all properties, measuring and photographing the exteriors of all buildings and inspecting the interiors. In order to properly assess your property, it will be necessary for a representative of Appraisal Systems, Inc. to examine the interior of your property. If the homeowner is not present at the first visit, the inspector will leave a card with a telephone number to call. Contactless interior inspections using a video conference will be available at the request of the property owner.

Appraisal Systems, Inc. representatives will carry photo identification and their names will be registered with the Police Department and the City Clerk’s office. Please do not allow anyone to enter your home without proper identification. You will be requested to sign the field form used by the representative to acknowledge when an interior inspection is made. Please advise the occupants of any rental units you may own so they are prepared for the inspection.

If your property has a unique condition that influences value, please send documentation to Appraisal Systems, Inc., 17-17 Route 208 North, Suite 210, Fair Lawn, NJ 07410, or email paterson@asinj.com and it will be considered.

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

Paterson Introductory Letter - English (pdf file)
Paterson Introductory Letter - Spanish (pdf file)
Reassessment Brochure - English (pdf file)
Reassessment Brochure - Spanish (pdf file)