Which body is responsible for reviewing a revaluation contract?

The County is responsible for reviewing a revaluation contract within 30 days. This responsibility is part of the regulatory framework that ensures property assessments are conducted fairly and in accordance with New Jersey state laws. The review process typically involves evaluating the terms of the contract to ensure they comply with state guidelines and that the methodology used for the revaluation is sound.

Oversight by the County helps maintain consistency in property valuation practices across municipalities, fostering transparency and accountability in the assessment process. This review is crucial, given the significant impact revaluations can have on property taxes for residents and businesses alike.

Other entities, such as the Mayor's office or the local school board, do not have the authority or responsibilities outlined for reviewing revaluation contracts in this context. The State Director of Taxation plays a role in tax administration at the state level, but it is the County that specifically handles the review procedure for revaluation contracts.