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For the period October 1, 2007 through September 30, 2008 the NJ  MLS reported total sales of (3) single family dwellings in South Hackensack Township. The median  selling price was $315,000, average DOM was 147 days and average SP/LP was 86%

Due to the paucity of available observations, reliable statistics can not be developed.  Obviously, the data presented above are impacted by the product mix.

Please note that the dates listed above are intended to be similar to the dates used for assessment purposes.

We at Valuation Solutions consider these data when working on tax appeal appraisals or other appraisals. South Hackensack Township has been  undergoing revaluation recently for 2010.

Deadline for tax appeal is April 1 in most cases.

Date of Value of the property is October 1 of the previous year.

The assessed value differs from the implied value by the assessor which should be addressed.

For professional help with your appraisal only, call Valuation Solutions.

For the period October 1, 2007 through September 30, 2008 the GS  MLS reported total sales of (447) single family dwellings in Hillsborough Township. The average  selling price was $396,549, average DOM was 77 days and average SP/LP was 97%

Based upon these statistics, it appears that there has been a  price decline of  9.5% in the average sales price. Obviously, the data presented above are impacted by the product mix.

Please note that the dates listed above are intended to be similar to the dates used for assessment purposes.

We at Valuation Solutions consider these data when working on tax appeal appraisals or other appraisals. Hillsborough Township has been  undergoing revaluation recently for 2010.

For the period October 1, 2008 through September 30, 2009, the GS MLS reported total sales of (46) single family dwellings in Morris Plains, Morris County, NJ. The average selling price was $446,244,  average DOM was 74  days and SP/LP was 95%

For the period October 1, 2007 through September 30, 2008 the GS MLS reported total sales of (61) single family dwellings in Morris Plains NJ. The average selling price was $468483 , average DOM was 80 days and SP/LP was 96%

Based upon these statistics, it appears that there has been a substantial price decline of  4.98% in the average sales price. Obviously, the data presented above are impacted by the product mix.

Please note that the dates listed above are intended to be similar to the dates used for assessment purposes.

We at Valuation Solutions consider these data when working on tax appeal appraisals or other appraisals. Morris Plains has undergone revaluation in 2009.

Bergen County Ratios for Tax Appeal