Preliminary data from Gloucester’s 2017 general reassessment shows an overall increase of property values in the county of 1.364 percent, compared to the last reassessment, which became effective in January 2015.
The 2017 reassessment information was to be presented by county assessor Derek Green to the Gloucester County Board of Supervisors during its meeting Tuesday night in the colonial courthouse; however, due to a power failure, the meeting had to be continued until this coming Tuesday at 7 p.m. at the same location.
According to Green, the total taxable value in the county according to the 2015 reassessment was $4,303,045,004. This number slightly increased to $4,378,888,609 in the latest reassessment, which will become effective next month. He said 10,183 parcels saw an increase in value, while 9,934 saw a decrease and 3,911 parcels stayed the same.
He said properties in the Gloucester Point Magisterial District saw the highest overall increase in value, 2.18 percent, w...
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