LIVINGSTON, NJ – The Essex County Board of Taxation has issued an official “Order to Implement a Municipal-Wide Revaluation” of the Township of Livingston.
This county-ordered municipal-wide property tax revaluation is to be completed by Oct. 1, 2018, and to be effective for the 2019 tax year. The township’s last county-ordered property tax revaluation was completed in 2008 and was effective for the year 2009.
Property values for different locations and property types change at different rates. The purpose of a property tax revaluation is to bring all properties to 100 percent of their current true-market value.
A property tax revaluation ensures that property owners will pay a fairer, more equitable portion of county taxes by balancing the municipality’s real property-tax burden among taxpayers based on updated, real-time property values.
The mayor and members of the Livingston Township Council have begun plans to appoint a “Blue Ribbon Revaluation Committee.” The volunteers appointed to this committee will help ensure that property owners are treated equitably and that residents are kept fully informed about the process each step of the way.
Once the process has begun, an informational section will be available on the Livingston Township website at www.livingstonnj.org.