Newstracker: Edgewater Sets Aside Money for Reassessment

Summary


What's new: The Edgewater Borough Council voted last week to allocate $80,000 in emergency appropriations for a reassessment of property in town.

Background: The borough conducted a property revaluation -- which adjusts real estate values to coincide with fair market values of commercial and residential property -- in 2007, at the height of the real estate market.

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Extract


Newstracker: Edgewater Sets Aside Money for Reassessment

Since then, hundreds of borough property owners have contes...

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