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Board of Taxation: North Wildwood reassessment work to begin; completion planned for Oct. 1, 2026

5829498 · June 17, 2025
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Summary

At the June 17, 2025 meeting, board staff outlined a North Wildwood reassessment project to be completed by Oct. 1, 2026, with new values certified for tax year 2027 and monthly status reports to be provided by the North Wildwood tax assessor.

Lori L. Rosell, CTA CTC, told the Cape May County Board of Taxation at its June 17, 2025 meeting that reassessment work for North Wildwood will begin shortly and is scheduled for completion by Oct. 1, 2026, with the new values certified for tax year 2027. Rosell signed the minutes as attesting official.

The minutes state that the last revaluation was completed for tax year 2006 and that the last reassessment was implemented in 2016; they also note that the last date of tax-map approvals by the Division was 2005. The published minutes say that more than 50% of the line items must be changed to be recognized as a reassessment. Jason Hesley, North Wildwood Tax Assessor, will supply the board with a monthly report on the status of all reassessment work, according to the minutes.

The record in the minutes is procedural: it sets a timeline and an expectation for monthly status updates but does not record specific parcel-level changes, dollar amounts, or a public hearing schedule. The minutes do not identify which "Division" reviewed or approved tax maps in 2005; that reference appears in the minutes without further specification.

The board adjourned after hearing the update; the minutes list the next regularly scheduled meeting as July 8, 2025.