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Vicdeluca
| | Posted on Thursday, February 22, 2001 - 10:08 am: |     |
DEMARTIN SCHWARTZ
REAL ESTATE APPRAISAL & CONSULTNG SERVICES
February 20, 2001
Honorable Mayor and Township Committee
Township of Maplewood 574 Valley Street Maplewood, New Jersey 07040?2690
Re: Limited Summary Review Maplewood Township Revaluation
Dear Mayor & Township Committee:
In accordance with your recent request, we have conducted a Limited Review of the Revaluation recently completed by Certified Valuation, Inc. This Limited Review consists principally of inquiries of township of officials, and a review and analysis of procedures, methodologies, and appraisal techniques utilized to develop and support proposed assessed valuations. We have completed the required investigation, gathered the necessary data, and made certain analyses that have enabled us to form an opinion of the procedures, methodologies, and appraisal techniques utilized by Certified Valuation, Inc., and further modified by Tax Assessor Edward Galante.
The narrative Limited Review report that follows sets forth the scope of the assignment, and our general analysis of relevant data and information utilized to develop proposed assessed valuations. We certify that, to the best of our knowledge and belief, the statements and opinions set forth in this report are correct and that we have no present or future contemplated interest in the herein described project. We have made a reasonable effort to verify and confirm the information furnished by the Certified Valuation, Inc, Township of Maplewood, Vital Computer Services, Inc. and others. However, we are not responsible for incorrect information and data supplied by others.
Based upon our research, investigation and analysis, we have concluded that the Revaluation project was conducted in accordance with reasonable standards and the results thereof are supportive based on sufficient market and cost data.
The attached report and addenda form an integral part of this evaluation and constitute an entity. No part of this report may be reproduced without the expressed written consent of the firm.
Respectfully submitted,
DEMARTIN SCHWARIZ, INC.
Thomas A. DeMartin, MAI, CTA
Colleen McLane-Schwartz, SCGREA, CTA |
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