Anodver selects reevaluation company
The three bids
Appraisal Systems Inc. for $159,845
Realty Appraisal Company for $160,000
Certified Valuations Inc. for $215,000
By Rose Sgarlato
ANDOVER — Andover Township has completed the process of choosing a tax reevaluation company to assess the area’s property taxes.
After considering several bids, Appraisal Systems Inc. will perform the revaluation at a cost of $154,600.
As requested by the county tax board, Andover Township has been ordered to complete the process for 2015. According to Township Administrator Vita Clark, three sealed proposals were received last month as requested for tax evaluation services for the 2015 tax year.
Certified Valuations bid, of $215,000 was discarded because of the price, according to the council. Representatives from Appraisal Systems Inc. and Realty Appraisals Company were invited to give presentations at the council’s Feb.24 meeting providing more information about their services.
Following an executive session and discussion among the committee, there was a unanimous vote and it was announced at the Mar. 10 meeting that Appraisal Systems Inc. was awarded the bid at less than the original price.
“We liked Appraisal Systems because they do a lot of work in the county, and they also came down from their original bid to $154,600,” said Mayor Phil Boyce. “We have to reevaluate the property and are required to do so. It will help us when it comes to tax appraisal time. And there is a possibility we can extend this to 2016.”
Although it is commonly believed that tax reevaluations are done about every 10 years, it is not an exact science.
“A variety of factors are considered when revaluations are ordered by the county. They look at the number of years that has gone by and statistical information such as average ratios of certain factors-it’s complicated,” said Glen Sherman, Executive Vice President of Appraisal Systems.
The last tax revaluation for Andover Township was done in 2001.
“We only paid $179,900 for our last revaluation 13 years ago,” said Committee Member Tom Walsh. “It shows you the state of the economy and also computers maybe played a part in the lower price.”
Because the state has granted Sussex County an extension, which was announced at the Mar.10 meeting, Andover Township may start the reevaluation process in 2015 to be completed for 2016. A final decision has not yet been made by the council.
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