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One of the most recognized professional organizations of real estate appraisers in America is the Appraisal Institute (AI). It was formed from the merger of the American Institute of Real Estate Appraisers and the Society of Real Estate Appraisers. Founded along with others in the 1930s, the two organizations merged in the 1990s to form the AI.
Governments need to collect taxes to function. Federal, state, and local governments impose tax assessments against real property, personal property, and income. The word tax assessment is used in different ways, but often refers to a tax liability owed by a taxpayer. In the case of property, a tax assessment is an evaluation or an estimate of ...
Every statistical area and county in New Jersey belongs to the Northeast Megalopolis. New York-Newark-Jersey City, NY-NJ-CT-PA Metropolitan Statistical Area (19,979,477) New York-Jersey City-White Plains NY-NJ Metropolitan Division (2,116,063)
In 1700, Johannes Van Emburgh built the first home in Ridgewood, having purchased a 250 acres (100 ha) property in 1698. [28] The Village of Ridgewood was created on November 20, 1894, with the same boundaries as Ridgewood Township, also in Bergen County.
The highest and best use of a property must be financially feasible: the proposed use of a property must generate adequate revenue to justify the costs of construction plus a profit for the developer. In the case of an improved property, with obvious remaining economic life, the question of financial feasibility is somewhat irrelevant.
Washington Township (officially the Township of Washington) is a township in Bergen County, in the U.S. state of New Jersey.As of the 2020 United States census, the township's population was 9,285, [9] [10] an increase of 183 (+2.0%) of the 2010 census count of 9,102, [20] [21] reflecting an increase of 164 (+1.8%) from the 8,938 counted in the 2000 census.
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