The Cape May County Assessor's office forced a revaluation of We
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West Wildwood - The Cape May County Assessor's office forced a revaluation of West Wildwood due to the high assessments here. The revaluation is over and properties are at true market value, residents believe their high taxes will go down. Not! The mayor and commissioners can raise the per $100 tax assessment on the tax. So if your home was previously assessed at $200,000 and now assessed at $100,000 your taxes are not cut by 50 percent. No, the mayor and commissioners can change the tax rate from $1 per $100 assessment to $2 per $100 assessment. That means that your tax bill will remain the same.
Print Publication Date:
5/31/2017