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  5. ›RFP - REVALUATION OF ALL REAL PROPERTIES,

Borough of Atlantic Highlands·New Jersey

RFP - REVALUATION OF ALL REAL PROPERTIES,

Rolling / TBD close$400k – $800kRequest for Proposal
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Description

The Borough of Atlantic Highlands is seeking a qualified mass‑appraisal firm to re‑value every real‑property parcel (approximately 1,950 parcels) for the 2018 tax year. The scope includes data collection, field inspections, valuation using NJ appraisal standards, preparation of detailed appraisal reports, public‑relations outreach, and delivery of all records to the municipality. The contractor must provide qualified personnel, submit extensive documentation, post a 10 % bid bond (capped at $20K) and a 100 % performance bond, and comply with affirmative‑action, ADA, prevailing‑wage, insurance, and bonding requirements. The project must be completed by late October 2017 with subsequent hearings and mailings through November 2017. • Complete re‑valuation of ~1,950 parcels across residential, commercial, industrial, vacant land, and exempt categories. • Conduct field inspections (minimum 85 % interior inspections of residential dwellings) and produce detailed appraisal reports per NJ Real Property Appraisal Manual. • Provide public‑relations support, maintain MODIV/CAMA system compatibility, and deliver all final data, photographs, and reports to the Borough.

Attached files

Contact

Renee Frotton(Tax Assessor)

(732) 291‑1444

Key dates

Opened
9/2/2016
Closes
Rolling / TBD
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
541618

Budget estimate

$400,000 – $800,000

The RFP does not disclose a contract total; however, with roughly 1,950 parcels and typical NJ mass‑appraisal fees ranging from $250‑$400 per parcel, the contract value is likely between $400,000 and $800,000. Factors influencing the final amount include the per‑parcel fee schedule submitted by the vendor, the mix of property types (commercial parcels command higher fees), and the additional services (public‑relations, 5‑year inspection plan, tax‑court appeal support) that may add supplemental costs.

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