Home Cherry Hill News Property values strong in Cherry Hill

Property values strong in Cherry Hill

Notices of a revaluation in Cherry Hill began to be received last Thursday, Dec. 20, said Township Spokeswoman Bridget Palmer, and will be sent to about 5,000 homes at a time through a total of six batches.

Property values are being brought back in line with the market value, Palmer said, with an average assessed home at $230,000, which is up from the previous value of $140,000 in the early 1990s.

Values had previously been assessed at 50 percent less than fair market value, she said.

“Strong property values are always a good thing,” she said.

According to Palmer, homeowners with questions or concerns about their revaluation can meet with representatives from Professional Property Appraisers (PPA) at Croft Farm Arts Center, 100 Bortons Mill Road, through appointments prior to finalization.

Find out more information at www.cherryhill-nj.com, or call PPA at (800) 410–5815 on weekdays from 9 a.m. to 4 p.m.

Other news

Town council met at 9 a.m. on Thursday, Dec. 27 for routine business.

A resolution was approved to contract animal shelter services through the Animal Welfare Society of Camden County for 2013.

The contract, said Palmer, is for one year at a total of $31,500 for 450 animals.

Next meeting

The next meeting of town council is scheduled for Monday, Jan. 14 at 7:30 p.m. at the N. John Amato Council Chambers, Room 208, 820 Mercer St., Cherry Hill.

The meeting will be the annual re-organization session and the calendar for future meetings will be approved at that time.

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