Revaluation Can't Be Stopped

M ü â t - e d we never knew until ,one ofthe special problem s of the elderly. In a recent issue of a tabloid devoted to the retired called “Saving Social Security" were four very large advertise* merits for toenail clipper». A ll dis played pictures of their product and SOUTH BERGEN REVIEW including one show ing shanks six inches long. The ad said “we do the Pafchked at 251 Ridge R ed , Ljn d karttJfJ. Second Clan Postage Paid At Rethcrford, N J. W TO reaching for you”., USPS 25-421 THURSDAY, FEBRUARY 9, 1989 2 5 VOL. 71 NO. 27 Subscription $8.00 • Pvblkbed W eridy 1 i t • ; r . " í t l á p a Revaluation can’t be stopped 9 ; John Radick and trends of . these values. the township as well as the county in upon by a willing buyer and a willing information on the records for use by “Judging from recent sales fig The records, documents, survey The sheer bulk of this documenta maintaining the records of real prop seller,” Domenick Notte said. town and county officials ures,” Mr. Notte said, “vacant land is drawings and standards manuals fill tion leaves no room for social func erties, and strives to get all township “Every time a sale takes place within “From time to time, the activity of at 17 percent, residential homes are the bookshelves and file cabinets in tions in the office, and what free properties assessed at current market the county, involving a piece of buying and selling homes is so great at 37:31 percent and Class 4 indust theTown Hall office of tax «aieuor space is left barely accomodates the values,” Mr. Notte said. “Assesse- land, a private home, an office build that a great many homes are under rial properties are at 44.73 percent. If Domcnick Notte and his secretary, three desks and chairs in use. The ment at current market value is ing, or a commercial property, true assessed and the county orders a there is a shift, it will be within the Patty Erminio. They testify to the hallway outside seems spacious, necessary to ensure the fair and market value is being established. complete update of property assess Class Two properties and within the magnitude of the unceasing job of airy, luxuriant and wasteful by com equitable flow of capital from all He indicated that true market val ments. When that happens a con Class Four properties, but overall updating the market values of land, parison. An enterprising cat; looking taxpayers (o keep the township oper ue is established even by a request certed efforts is needed to update the there will be a slight shift — if any private residences, commercial and for space to sack out, could only find ating and paying its bills. from a homeowner for a license to assessments of the homes in a town — to the Class Two properties. industrial properties in Lyndhurst unconicsted space in the hallway. ‘True market value of a property add a back porch, or to build apara- ship, an effort clearly beyond the “Within the Class Two properties, Township and recording the changes ‘The tax assessor’s office serves is established by (he price agreed bolic dish antenna for reception of capacity of the tax assessor’s office. based on the sales average from 25 TV sports programs, or merely to put At this point it has been customary to percent to 68 percent, there may be a a “No Vacancy” sign on the family bring in, through competitive bids, a slight shift from the houses assessed DiLascio to seek re-election pet’s doghouse. Each such event private revaluation and appraisal at $70,000 and selling for $278,500 results in a notice being sent to the firm, fully staffed and experienced at 26 percent; and houses assessed at In a prepared statement. School there are only two ways, spend less the road. A good revaluation Tax Assessor’s office, notifying him to preform the task of bringing all $64,900 and selling for $255,00(i at Board trustee John DiLascio today than your income or raise taxes. I together with updating all property of the need to make a fresh asses- property assessments up to the 26 percent; and houses assessed at annouced hit decision to seek re- prefer to spend less and pay as I gp or values each year thereafter would be. ment of that property’s value in the desired true market value," he $45,000 and selling for $162,000 at election to the Boaid of Commis one day your tax bill wQl skyrocket.” the most cost effective for our current market added. 28 percent; or a small shift of 2 per sioners. The statement follows. “Revaluation is another concern. I Township. Regardless of all reports “Rom time to time, as townships "Competitive bids docs not cent within the Class Two “As the citizens of Lyndhurst believe property values are too unst Lyndhurst has not officially been slip into abnormally low property always mean accepting the lowest properties. have come to know, I don’t play able for a revaulation to have any ordered to revalue as af this date, I assessment ratios, “Mr. Notte said, bid price,” Mr. Notte said, “but “The same applies to Class Four around. When I have something to long lasting effects on our assess don’t know when that notification “a. notice is sent from the county rather accepting the firm that has properties with apartments and say, I say it, qr if a decision is to be ments. Our County Tax will certain will come. However, I will at that office alerting the tax assessors in shown itself in the past to be capable industrials, and a slight shift to com made, I make it.” ly be higher, thereby increasing your time do my best to postpone the each local township to the need for of doing the best job for the lowest mercials. Overall, the biggest shift “Yes, 1 win be a candidate. I have tax bill by 2 or more tax points. We revaluation. Some politicians favor a each to reassess and bring each prop cost. This is the type of appraisal and will be in vacant land. already taken out my petition to file could be faced with a $330,000 to revaluation in order to dump all then- erty’s assessed value up to “true” revaluation team that will benefit us “Taking all the latest sales into my candidacy. I feel there are many $400,000 cost of revaluation poten past spending into the tax pot, then value. When the assessed value . the most,” he said. consideration, from where I sit at issues preagMly facing the township tially adding another 1.23 tax points that portion of any tax increase is divided by the current market value The township is approaching this this lime, I see very little shifting and in (He m»rTuturc that will great in each of the next five yept. Some attributed to the revaluation.” ' equals 100 percent ratio is achieved. point right now, he indicated, and outside the classifications, “Mr. ly affect our children,'i of the «owns thar wOl ta ordered to “There are a'number of otlier con- ' To do this, the tux assessor visits the “we win shortly be requesting bids Notte said. "If the tax m e is applied dr^a. as we|l as revalue had done so a t recency at cern» o? my agenda you certainly . under-assessed properties in his from qualified teams.after which a justifiably, and a good revaluation is great sum of money each year in tax 1986, they haven’t finished paying will hear of them in the future as you township and updates them to cur selection will be made and the work performed, 1 see very little, if apy, es, aildif the voters will allow me I that cost and are faced with addition have in the past.” rent market value and enters the new can begin.” shifting.” certainly want a voice in how your al cott to repeat the process. One of and may tin dollars are spent.” our town fathers advocates revalua tion, and has gone so bras to meet “We have a growing debt which with county officials last summer to Breathalyzer reading tells the story mutt be addressed seriously; some inquire why we were not being cootervatlve consideration must be ordered to do a revaluation. I also paid a total of $95 in fines and costs Municipal Judge James A. Bretlin was $70 and costs $15, the fine for missed, as the defendant told him given to restrict future debt Capital met with these County officials last driving while on the revoked list was that at the time he was told by the although pleading not guilty to the projects are a necessity, , however, reserved decision in a hearing in careless driving charge filed by November, I believe we can post $500 and costs $15. His explanation trooper to pull over, he had we certainly must do future projects which a North Arlington man, Officer Giammetta on Dec. 2, 1988. pone the revaluation for at least charged with drunk driving on Sept for speeding was that he was “taking unfastened his seat bell so that by the and could have done past projects The officer testified he had another year. Hopefully, by then, 19,1988, and represented by attor his wife to a hospital.” time Sanders reached his vehicle, of m an cost effectively.

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