Who is responsible for approving revaluation contracts in New Jersey?

The responsibility for approving revaluation contracts in New Jersey lies with the State Director of Taxation. This is an important aspect of ensuring that property revaluations are conducted properly and in accordance with state laws and regulations. The State Director oversees the assessment process and has the authority to review and approve contracts for revaluation to ensure compliance with established standards.

The County Tax Board plays a role in overseeing local assessment practices but does not have the authority to approve revaluation contracts. Additionally, while municipalities are involved in the assessment process and may select contractors for revaluations, the final approval rests with the State Director of Taxation. The Department of Environmental Protection primarily deals with environmental issues and regulations, which is not related to property revaluation processes.