NORTH WILDWOOD — This city is doing an in-house assessment of 60 percent of its 7,800 properties to bring assessed values in line with their actual values.
The assessment, costing the city about $100,000, is expected to be completed by the end of February, according to a Press of Atlantic City story. A full revaluation by an outside company would have cost $800,000.
Property values were last assessed in 2006 at the height of the real estate boom and are now 113 percent above their market values.
Click here to read the full story, courtesy of The Press of Atlantic City.
Cape May – Why don’t some of our well established builders even answer their phones, answer texts or emails. Who would ever recommend them to a friend.
