Revaluation for 2026

It has been almost twenty-seven (27) years since a revaluation was completed in the Borough of New Providence, New Jersey. Real estate taxation law mandates that all real estate be assessed at 100% of market value, and there must be equalization among assessments.

A revaluation is a program undertaken by a municipality to appraise all real property at its fair market value. The goal of a revaluation program is to ensure the tax burden is equitably distributed throughout a municipality.

• PowerPoint Presentation for Council - July 15, 2025 (PDF)
• Question & Answer Brochure (PDF)
• FAQ Document (PDF)
• Letter to the Residents (PDF)
• Borough of New Providence Tax Map (PDF)

The Borough has entered into an agreement with Professional Property Appraisers (PPA) to perform the borough-wide revaluation. All work will be completed by December 2026 in order to use the new assessments for the 2027 Tax Year. Field inspections will run from September 2025 through March 2026.  All appraisers will display their Employment Identification Badge (PDF) when they are conducting the inspections.

Any other questions, please contact Bryan Flynn, Municipal Tax Assessor