Revaluation

Boro of Riverdale

Project Status (as of July 24, 2023)
The Morris County Board of Taxation and the New Jersey Division of Taxation has authorized the Borough of Riverdale to perform a reassessment for the 2024 tax year as part of the reassessment program that has been implemented within the Borough. 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 Borough has contracted Appraisal Systems, Inc. to assist in conducting the Reassessment Program.

Regardless of when a property is visited during this program, the new property values will be determined based on their estimated market value as of October 1, 2023 (the statutory date required by law). It is important to note that while only 20% of properties are being inspected each year; all properties in town will be valued. All property owners will be notified by mail of their proposed assessed values and will have an opportunity to question/contest the values.

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

Thank you for your cooperation during the reassessment process.

Introductory Materials
Reassessment PowerPoint Presentation (pdf file)
Riverdale Introductory Letter (pdf file)

Inspector Info/Identification
Ethan Gess - Inspector 111 (pdf file)
Wyatt Milbrodt - Inspector 100 (pdf file)

Inspector Location Assignments
Riverdale Inspector Locations (xlsx file)