What date marks the beginning of the sales sampling period?

The beginning of the sales sampling period is marked by July 1st. This date is significant because it initiates the time frame during which sales data will be collected to assess property values for taxation purposes in New Jersey. The sales sampling period is crucial for tax assessors as it provides a comprehensive view of recent property sales, which can then inform the assessment process and ensure that property values are reflective of the current market conditions.

Commencing the sampling on July 1st allows assessors to gather enough relevant data following the end of the fiscal year, which typically aligns with the start of the summer season. This timeline helps ensure that the data collected is timely and relevant, enabling accurate assessments. Other dates listed do not align with this standard period, making them less suitable for initiating the sales sampling process used in property tax assessments.