A revaluation brings property assessments up to date, so that people are paying taxes on the current values, not on the market rate when they bought their house. Thus, owners of old houses may have to pay much more since their taxes were based on the last reval from the 1980s. Someone who bought a new home during a hot housing market may see a drop.
The meeting will take place Thursday, Aug. 15 from 7 p.m. to 9 p.m. at the Community Church, located on the corner of Sixth and Garden Streets.
Their Facebook page notes: “Tenants: Learn how a corrupted property revaluation taking place right now is going to raise your rents dramatically.”
The meeting will have two guest speakers: Matt Shapiro of the New Jersey Tenants Organization and Renee Steinhagen of the New Jersey Appleseed Public Interest Law Center.
For more information on HFHA, their activities, and the upcoming meeting, email email@example.com.