2018 Property Appraisals Coming Soon, Property Values Increase

Rick Del Guercio addresses the Hasbrouck Heights Town Council at Tuesday night's meeting. Credits: Faith C. Ballantine-Armonaitis

HASBROUCK HEIGHTS, NJ - Rick Del Guercio of Appraisal Systems Inc., the property value assessor for Hasbrouck Heights, updated the Borough Council on the results of the 2017 property value reassessment at Tuesday’s Council meeting.  

According to Del Guercio, 98 percent of the Hasbrouck Heights taxpayers will see a $10 decrease in their property taxes this year, based off the newest assessments and the 2017 budget.   Del Guercio stated that letters would be going out shortly to homeowners, listing the 2017 appraisal value of their property, and the the 2018 appraisal value. Their 2018 estimated taxes, calculated the 2017 budget, will also be listed. These taxes however, are just an estimate, and could change depending on the 2018 budget.

According to Del Guercio, who also does appraisals for several other towns in lower Bergen County, the housing market is picking up, leading to an increase in the average home appraisal in Hasbrouck Heights,  A year ago, the average appraisal value was approximately $377,000.  In 2018, that increased to 386,000, an increase of 2.3 percent.  

Sign Up for E-News

Commercial real estate also saw a 2.3 percent increase in value.  

Hasbrouck Heights is in the third year of five year continual reappraisal program.  In 2015, properties were reappraised, some for the first time in 10 years, causing spikes in property owners 2016 tax bills. In 2016, as part of the continual reappraisal program, 25 percent of the houses had physical inspections, while the rest of the homes were put through an appraisal calculation based on prices of home sales, improvements on record, and other factors.

In 2017, tax appeals, and amounts refunded, were down significantly over 2016.   By continually reappraising homes every year,  “Now by doing it annually, you won’t have the spikes that occurred in the past, and you will have more stability in rates.” said Del Guercio. That leads to fewer appeals, and when appeals do occur, smaller adjustments, if any, to the appraised values.

That according to Borough Attorney Ralph Chandless, saves the borough money from lower attorney’s fees and refunds.  “In my opinion, it more than makes up for the cost of the program.”

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

Hasbrouck Heights/Wood-Ridge/Teterboro

Upcoming Events

Thu, February 22, 7:00 PM

Hosted by Bible Baptist Church, Hasbrouck Heights

Mothers of Preschoolers {MOPS} Event



Sat, March 3, 6:00 PM

Wood-Ridge High School, Wood-Ridge


Sat, April 28, 8:00 AM

College of St. Elizabeth, Morristown

Conference and Resource Fair Promotes Advocacy ...


For All The Dollars: The Great Silence, dir. Sergio Corbucci

        Also directed by Sergio Corbucci, The Great Silence is considered his greatest achievement. While Sergio Leone portrayed the Old West as a gritty place filled with morally ambivalent figures, Corbucci's Old West was a darker dog-eat-dog world.


Once again, spaghetti westerns were known for taking the myth out of the romantic west. The next spaghetti ...

How to Talk with Kids About the Florida Shooting

February 15, 2018

The tragedy of the Florida school shooting is devastating, leaving 17 killed and 15 injured. Our children can easily identify with what occurred yesterday. It will be the topic of conversation today in schools everywhere. School administrators are doing all they can to provide support and guidance. The shootings affect children, teachers, and school personnel. The school shooting ...

Own a Lakefront Townhouse from the Mid- $400s

February 22, 2018



Mariner’s Pointe Offers Modern Townhomes with Deeded Boat Slips within

Commuting Distance of NYC


HOPATCONG, NJ – The opportunity to own a brand new townhome right on the shores of Lake Hopatcong is attracting buyers to Mariner’s Pointe, where homes priced from the mid $400s are moving ...

New Brewery Approved by Hackensack Planning Board

February 12, 2018

HACKENSACK, NJ -- The Hackensack Planning Board approved the application of city resident Mike Jones at last Wednesday night’s meeting to open Hackensack Brewing Company in a Johnson Avenue warehouse.

This will be the second brewery to come to Hackensack, after The Alementary, which is around the corner on Voorhis Lane, and opened two years ago.

Jones hopes to have a ...

Lodi Resident Charged with Possession with Intent to Distribute Cocaine Near Hilltop School

LODI, NJ -- Acting Bergen County Prosecutor Dennis Calo announced the arrest of  Brian E. Delgado Lodi on a charge of Possession with Intent to Distribute a Controlled Dangerous Substance, specifically cocaine. 

According to the release, the Bergen County Prosecutor’s Office Narcotic Task Force received information in January that Delgado was ...

Bring back Hasbrouck Heights Municipal Alliance

February 15, 2018

Last night the Borough of Hasbrouck Heights banned the sale of marijuana within its borders. We had several residents speak on the topic with the overarching concern being less about the sale of legal marijuana and more about the need to do more to combat alcoholism and substance abuse in our community. 

As we have learned over the years many families have been touched by the disease of ...

NJ Governor Signs Executive Order to Fly Flags at Half-Staff to Recognize Parkland Florida Victims

February 20, 2018

TRENTON, NJ -- New Jersey Governor Phil Murphy signed Executive Order No.11 on Monday ordering the flag of the United States of America and the flag of the State of New Jersey to be flown at half-staff to recognize and mourn the passing of the victims in Parkland, Florida. 

The order is for all state offices, agencies and instrumentalities including schools for Tuesday February ...

Dave & Busters Plans Feb. 14 Grand Opening at Willowbrook Mall

WAYNE, NJ - Dave & Busters at Willowbrook Mall will have its grand opening celebration on Feb. 14. 

It will be the chain's 109th location and second in New Jersey. The Woodbridge location opened in November.

Doors will open at 11 a.m. to the public. From 4:30 to 7 p.m. happy hour will feature half price cocktails, $1 off 22 ounce drafts, ...