A long overdue tax revaluation has shifted the values of properties across the city. As required by law, all properties within municipalities across the country are assessed to reflect their true market value. The last revaluation in Asbury Park was completed over 10 years ago. Property values throughout Asbury Park increased during that period. However, […]

Property owners in Asbury Park who would like to contest the value of their recent home assessments can do so until Jan 15. This year, city residents experienced their first city-wide revaluation of properties in about a decade. All of the values of individual properties have changed because of the revaluation. In the past, revaluations […]

The city council voted Wednesday to adopt an amended budget that includes a tax increase just under 9 percent for homeowners. The average tax increase is $234.36. This number is based on the assessment of a residential home valued at $84,000, which is the average value of a residential property in the city, according to Richard […]