Revaluation

Boro of Victory Gardens

The Borough of Victory Gardens has been ordered by the Morris County Board of Taxation and the New Jersey Division of Taxation to conduct a full reassessment of all real property for the 2026 tax year to ensure uniform and equitable assessments. The goal of the reassessment is to update all assessments to fair market value. To achieve this, all pertinent information that contributes to market value must be accurately collected. The Borough has entered into a contract with Appraisal Systems, Inc. to assist the Municipal Tax Assessor in conducting the reassessment program.

The first step of the reassessment process is the inspection of all properties in the Borough. In the coming months, inspectors from Appraisal Systems, Inc. will visit your property. The first visit from an inspector will be between the hours of 9:00am and 5:00pm. Appraisal Systems, Inc. representatives will carry photo identification and their names will be registered with the Police Department and the Borough Town Hall. Please do not allow anyone to enter your home without proper identification. The exterior inspection includes exterior measurements of all structures and exterior photographs. An interior inspection includes a description of the number of rooms, heat type, and condition. No interior photographs will be taken.

If you are not present at the first visit, the inspector will leave a card with further instructions. If an interior inspection is conducted, owners/occupants will be requested to sign the field form verifying that the inspector completed an interior inspection. Owners of rental properties should notify all tenants of the rental units that an inspection will be forthcoming by the firm and coordinate the interior inspection with them. If the firm is unsuccessful in conducting an interior inspection, the interior information will be estimated at its highest, most reasonable potential. An interior inspection needs to be made to ensure accurate assessment data.

Regardless of when a property is visited during the reassessment program, the revised assessed values will be determined based on their estimated market value as of October 1, 2025 (the statutory assessment date by law). Once all revised property assessments have been completed, you will be notified of the proposed assessment as well as procedures to review the assessment with a representative of the firm.

Please call Appraisal Systems Inc. with any inquiries regarding the inspection procedure at (201) 493-8530.

Thank you in advance for your anticipated cooperation with this program to ensure uniform, accurate, and equitable assessments within the Borough.

Victory Gardens Intro Letter (pdf file)
Victory Gardens Reassessment Brochure (pdf file)

William Lynch - Inspector 64 (pdf file)