New Jersey S2519 mandates municipalities to notify property owners before reassessing certain properties.

New Jersey S2519 amends the law to require municipalities to notify affected property owners before implementing a compliance plan to reassess the valuation of certain properties. The bill mandates that the tax assessor submit written notice to property owners, informing them of the reassessment's implementation, its potential impact on property valuation, and the right to file an appeal. This notice must be sent by regular mail after the county board of taxation approves the compliance plan.

New Jersey S2519 mandates municipalities to notify property owners before reassessing certain properties.

New Jersey S2519 amends the law to require municipalities to notify affected property owners before implementing a compliance plan to reassess the valuation of certain properties. The bill mandates that the tax assessor submit written notice to property owners, informing them of the reassessment's implementation, its potential impact on property valuation, and the right to file an appeal. This notice must be sent by regular mail after the county board of taxation approves the compliance plan.