By what date must the CTA submit the equalization table for review?

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The equalization table is a critical document that reflects the assessed values of properties within a municipality and serves as a method to ensure fair distribution of property taxes. According to New Jersey property tax law, the Certified Tax Assessor (CTA) is required to submit this table for review by the county board of taxation by March 1 each year. This date is essential because it allows enough time for the county to review and make any necessary adjustments before property tax calculations take place. Timely submission is crucial for maintaining the integrity of the property tax system and ensuring equitable taxation across different municipalities.

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