Archive for August, 2020

Information on Upcoming Toms River Revaluation

Toms River will begin a Township wide revaluation process in September of this year. The process will carry well into 2021. The result will be a new assessment of your property and home for tax purposes. While assessments will generally go up, if the rise is Township wide, then the tax rate will come down and you may not pay more.

An outside consulting company will inspect every house and property to update the value assessments based on current market values. In order to complete this process they will inspect outside and inside your home. Our understanding is that they will make three attempts to gain access for the interior inspection. If they cannot gain access, they will complete the estimates based on their best information from prior records and Township files. Please cooperate with the company’s employees as they have a job to do and will do so with minimal interruption to your activity.

Toms River has provided the following three documents to help you understand the process:

1. Understanding-Revaluations

2. What-is-Revaluation-FAQs