Village of Ridgewood is Live! | 03-31-26

Village of Ridgewood · April 1, 2026

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Opening: Why Ridgewood must reassess

Presentation

8:03 → 15:10(7m 7s)

Village manager Keith Kausmark opened the forum, said the Bergen County Board of Taxation ordered a reassessment for 2026 to take effect for tax year 2027, and cited the towns sales-to-assessment ratio falling from 84.43% (2022) to about 60% today as the reason for the order. He told residents the process covers all real property and is intended to restore equity across property types and neighborhoods.

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Village of Ridgewood leaders and appraisal firm Appraisal Systems held a public forum explaining a county-ordered reassessment to be implemented for the 2027 tax year, describing inspection steps, timelines (values set as of Oct. 1, 2026; notification after Nov. 10), appeals procedures and how individual tax impacts depend on relative change versus the townwide average.

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Transcript

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