Associated Appraisal Group, Inc.

Associated Appraisal Group, Inc.Associated Appraisal Group, Inc.Associated Appraisal Group, Inc.

Associated Appraisal Group, Inc.

Associated Appraisal Group, Inc.Associated Appraisal Group, Inc.Associated Appraisal Group, Inc.
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    • Home
    • About Us
    • Contact Us
    • Reassessments
    • Reassessment Overview
    • Services
    • Our Staff
    • Appraisals
  • Home
  • About Us
  • Contact Us
  • Reassessments
  • Reassessment Overview
  • Services
  • Our Staff
  • Appraisals

Borough of Paramus

Project status (as of March 8, 2024)

The reassessment of Paramus has been completed in accordance with the rules and regulations mandated by the State of New Jersey requiring all real property be appraised at its fair market value. We have made a complete analysis of all recent market data in order to accomplish this task and to determine the value of all properties as of October 1, 2023.  


Please do not apply the 2023 tax rate to your new value. The aggregate value of total assessments in Paramus will change for the 2024 tax year; therefore, the tax rate will change.


We have predicted a tax rate of 1.468 (per $100 of assessed value) based on the assessment changes. This estimated tax rate was based on the prior year (2023) tax levy and does not include any potential budget increases in 2024. The exact tax rate cannot be computed until the County, School and Municipal budgets are approved and calculated into the official 2024 tax rate this summer.


FOR EXAMPLE ONLY:

$775,000 (New Assessment) x 0.01468 (Estimated new rate before budget increase) = $11,377 (Taxes)


If you wish to discuss your new 2024 assessed valuation, you may contact Associated Appraisal Group within 7 business days of the receipt of your letter. To schedule an appointment with a representative, call (201) 493-8530 between the hours of 9:30am and 4:30pm, Monday through Friday. To request a copy of your property record card for review, please email paramus@njaag.com. Please allow 24-48 hours to receive your property record card.  

  

Thank you for your cooperation during the reassessment process.



Introductory Materials

Paramus Brochure (pdf)Download
Paramus Reassessment PowerPoint Presentation (pdf)Download
2024 Paramus Intro Letter (pdf)Download
2024 - Paramus Value Letter (pdf)Download

Tax Impact

2024 Paramus Tax Worksheet (pdf)Download
2024 Paramus Tax Worksheet (xlsx)Download
2024 - Paramus Tax Impact Study (pdf)Download

Neighborhood Map

Paramus Neighborhood Map (pdf)Download

Sales Reports

Paramus List of 2022-2023 Sales (xlsx)Download

Assessment Lists

2024 Paramus Residential Assessments (xlsx)Download

Definitions and Codes

Non Usable Sales Codes and Definitions (pdf)Download

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