The reassessment of Maywood has been concluded. The final tax list has been submitted to the Bergen County Board of Taxation.
If you disagree with the assessed value, your next step would be to file a tax appeal with the Bergen County Board of Taxation. You can request an appeal package by calling (201) 336-6300 or by visiting their website
Please note that appeals must be received (not merely postmarked) on or before May 1, 2021.
Please do not apply the 2020 tax rate to your new value. The aggregate value of total assessments in Maywood will change for the 2021 tax year; therefore, the tax rate will change.
We have predicted a tax rate of $2.413 (per $100 of assessed value) based on the assessment change. The exact tax rate, however, cannot be computed until the County, School and Municipal budgets are approved and calculated into the official 2021 tax rate this summer.
FOR EXAMPLE ONLY:
$414,300 (New Assessment) x 0.02413 (Est. new rate before budget increase) = $9,997(Taxes)
Thank you for your cooperation during the reassessment process.
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