Real Estate
Home Inspections Begin For Caldwell Tax Revaluation
Although almost all property values rise during a revaluation, it doesn't necessarily mean that all property taxes will increase.
CALDWELL, NJ — Home inspections have begun for Caldwell’s upcoming property tax revaluation.
According to a municipal notice, appraisers will start visiting local homes in the borough on Wednesday, Oct. 8. Field inspections will run through May 2026, with all work being completed by December 2026 to use the new assessments for the 2027 tax year.
Representatives from Professional Property Appraisers will be dressed in khaki pants and light blue polos, and will display their employment identification badges while conducting inspections.
Find out what's happening in Caldwellsfor free with the latest updates from Patch.
For more information, contact the borough tax assessor at glibrizzi@caldwell-nj.com or 973-226-6349.
During a revaluation, all properties in a city or town are reassessed to find out their current “full and fair value.” The goal? To make sure each home or business owner is paying their fair share toward the town’s overall tax burden.
Find out what's happening in Caldwellsfor free with the latest updates from Patch.
Although almost all property values rise during a revaluation, it doesn't necessarily mean that all property taxes will increase, experts explain: some may rise and others may fall (learn more here).
The average Caldwell resident paid $13,573 in property taxes on a home valued at $426,385 in 2024, according to state data.
>> See Average Property Tax Bills In The Caldwells (2025 Update)
REVALUATIONS IN ESSEX COUNTY
Caldwell isn’t the only municipality in Essex County that has recently been ordered to undergo a tax revaluation.
Newark – the largest city in New Jersey – has launched its own revaluation, which has sparked some unease among local homeowners. Mayor Ras Baraka said there is a “myriad of misinformation” circulating about the revaluation, which is required by the state.
“Hopefully what this does is provides a balance, so that people are paying what they’re supposed to pay in terms of what their assessments are,” he said.
Cedar Grove is also undertaking a revaluation – it’s first in nearly two decades. Work is expected to be completed by December 2025 in order to use the new assessments for the 2026 tax year.
Nearby in Essex County, the town of West Orange recently completed its own revaluation. The town saw “widespread” increases in home values, which were not confined to specific pockets or neighborhoods.
Residential homeowners saw their property values increase by an average of $343,513 – about 82 percent (the median average increase was $274,600 or 89 percent).
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