Property appraisers are knocking on doors across New Providence again.

The borough announced Sept. 16 that a second round of revaluation inspections began the week of Monday, Sept. 14. Professional Property Appraisers (PPA), the firm the borough hired for the project, will visit every residential and commercial property in town before a December 2026 deadline, according to a borough civic alert.

The resulting assessments will set property values for the 2027 tax year. For homeowners, that means the numbers PPA records over the next three months will directly shape next year's tax bills.

How the revaluation works

A revaluation appraises every property at its current fair market value. The borough said the goal is to distribute the tax burden equitably across all properties. Homes that have gained value relative to their neighbors could see higher assessments. Those that have not kept pace could see lower ones.

New Providence contracted with PPA to handle the work. The firm's appraisers wear khaki pants and navy blue polo shirts and carry employment credentials, the borough said in a September 2025 Facebook post when the first round of inspections launched.

Why a second attempt

PPA first began inspections on Sept. 29, 2025. That was nearly a year ago.

The borough's latest alert labels the current round a "second attempt," though no official explanation has been published for why the first round did not finish. The alert does not specify which properties will be revisited or whether inspectors plan to cover the entire borough again.

What to watch

All revaluation fieldwork must wrap up by December 2026. Property owners should expect to receive new assessment notices after fieldwork ends and before 2027 tax bills are issued. Those new valuations will replace the borough's existing assessments, potentially raising or lowering individual tax bills depending on how each property's market value has shifted.

No public meeting date or comment period specific to the revaluation appeared in the borough's Sept. 16 alert. The borough's revaluation project page has additional background on the program. Residents with questions about the inspections or their assessments can contact the New Providence Tax Assessor's office.