Wednesday, March 2, 2016

PROPERTY REVALUATION FIRM CHOSEN; ESTIMATED COST MORE THAN $400,000

The Township Committee on Tuesday voted unanimously to hire Appraisal Systems Inc. of Whippany to conduct the upcoming property tax revaluation at an estimated cost of $404,000.

ASI, which conducted the last such revaluation in 2011, offered the lowest bid, of about $55 per property, among three firms that bid for the contract. Maplewood was ordered by Essex County last summer to conduct another such review.

Mayor Vic Deluca announced the choice of ASI on Tuesday night prior to the 5-0 vote. See his update below:

 

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