PLUMSTED TOWNSHIP — Plumsted has begun a full reassessment of all properties as ordered by the Ocean County Board of Taxation, making it the latest municipality in the county to face potential shifts in property tax bills.
More than 3,000 homes and commercial buildings will be inspected between April and October, following an April letter mailed to residents by Tax Assessor Martin Lynch. The reassessment is being conducted by the municipal assessor, not an outside firm.
Unlike a full revaluation, which is typically more costly and contracted to private companies, a reassessment is handled in-house and is intended to be revenue neutral. Still, the changes could lead to higher tax bills for some residents depending on how much their property value has changed since the last reassessment in 2013.
According to the New Jersey Division of Taxation, the average property in Plumsted is currently assessed at just 62.10% of its market value.
The process includes a physical inspection of each property’s interior and exterior, along with photographs and data collection on features such as heating, plumbing, design, and overall condition. Inspectors will carry identification and will leave notices for follow-up appointments if no one is home.
New assessment notices are expected to be mailed by December, and the impact on property tax bills will take effect starting with the 2026 tax year. Property owners will be given a chance to request an informal review of their new assessed value.
“A reassessment does not necessarily mean an increase in taxes for every homeowner,” Lynch stated in the official notice. “Some tax bills will go up, some will stay the same, and others will go down.”
