PROPERTY REVALUATION INFORMATION ANNOUNCEMENT
Posted April 08, 2026Raritan Borough has entered into an agreement with Professional Property Appraisers, Inc. (PPA) to conduct the County-mandated, town-wide property revaluation. All inspections and related activities are expected to begin in January 2026.
Field inspections will continue over a multi-month period to ensure every property within the Borough is reviewed. Appraisers will display official photo identification badges while conducting inspections and will wear recognizable attire for clarity and safety.
ABOUT THE REVALUATION
A revaluation is a comprehensive review of all real property to ensure that assessed values accurately reflect current market conditions. State law requires that municipal assessments remain uniform and consistent to ensure that all taxpayers are treated equitably.
Over time, individual properties can appreciate or depreciate differently from one another, resulting in assessment disparities. When a community’s values become materially out of balance, a revaluation restores fairness, accuracy, and uniformity across property types and neighborhoods.
A revaluation does not increase the total amount of tax revenue collected by the Borough. It ensures that the existing tax levy is distributed fairly across property owners based on market value.