When does the Board of Taxation receive the Added Assessment Lists?

The Board of Taxation receives the Added Assessment Lists on October 1st. This date is significant because it aligns with the timeline for local tax officials to assess properties that have been added to the tax rolls due to new construction, improvements, or other changes that occurred during the year. The submission of the Added Assessment Lists by this deadline allows the Board to ensure that all properties are accounted for in the tax assessment cycle, which is essential for maintaining fair tax practices across New Jersey.

The timing also reflects the various critical deadlines within the property tax assessment process. Assessors prepare these lists to reflect any changes that have occurred since the last general assessment and help local municipalities correctly assess and levy taxes for the upcoming fiscal year.