When must all assessed value appeal hearings be completed?

The completion of all assessed value appeal hearings must occur within three months of the last day of filing. This timeline is crucial for ensuring that property owners receive a timely resolution regarding their appeal. It helps maintain the integrity of the tax assessment process and ensures that any adjustments to property assessments can be reflected in a timely manner for the subsequent tax year.

This three-month window is established by New Jersey law, which seeks to balance the interests of property owners who wish to contest their assessments with the administrative needs of the municipal tax assessors. Completion of hearings beyond this timeline could lead to delays in tax billing and collection processes, which can cause complications for both property owners and municipalities. Therefore, adhering to this schedule is essential for efficient tax assessment operations.