The Bergen County Board of Taxation and the New Jersey Division of Taxation has authorized Paramus to perform a reassessment program for the 2023 tax year as part of the annual reassessment program that has been implemented within the Borough. The Borough has contracted Associated Appraisal Group, Inc. to assist in conducting the Reassessment Program.
As a requirement of the reassessment program, 25% of all properties within the Borough need to be inspected each year. The purpose of this inspection is to maintain accurate and current data regarding your property. Associated Appraisal Group, Inc. representatives will carry photo identification and their names will be registered with the Police Department and the Borough Clerk’s office. Please do not allow anyone to enter your home without proper identification. You will be requested to sign the field form used by the representative to acknowledge when an interior inspection is made. Please advise the occupants of any rental units you may own so they are prepared for the inspection. Regardless of when a property is visited, the new property values will be determined based on their estimated market value as of October 1, 2022 (the statutory date required by law). It is important to note that while only 25% of properties are being inspected each year; all properties in town will be valued.
Thank you for your cooperation during the reassessment process.
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