Professional Property Appraisers Inc.

PO Box 905

Delran, NJ 08075

December 4, 2012

BLOCK: LOT: QUAL:

PROPERTY LOCATION:

NAME
ADDRESS
CITY, ST ZIP CODE

Dear Property Owner,

In response to the order of the Burlington County Board of Taxation, the Borough of Palmyra has completed a total revaluation of all real property located within the Borough. The revaluation has been approved by the Director, Division of Taxation for the State of New Jersey, and the Burlington County Board of Taxation. New Jersey real estate taxation law mandates that all real property be assessed at 100% of market value in order to ensure an equitable distribution of real estate taxes. The revaluation will take effect in 2013.

The assessment shown below was established using information obtained by our field inspector(s) and analyses of all relevant market data, including current sales and market conditions. The new assessed value of your property is the value that will be used to determine your 2013 real estate taxes.

2012 TOTAL ASSESSED VALUE: $

2012 TOTAL ANNUAL TAXES:$

NEW TOTAL ASSESSED VALUE:$

2012 ESTIMATED ANNUAL TAXES$

Please note that the above tax figures DO NOT INCLUDE any deductions you may be receiving, such as abatements, senior citizens, veterans, and/or disabled. These items will continue to show on your tax bill. Both assessment figures include any added assessments billed in October, 2012. The estimated 2012 annual taxes are calculated utilizing the 2012 budget, which means, what your 2012 taxes would have been if they were based on your new assessed value.

If you have any questions regarding the revaluation, or would like to discuss your new property value, representatives of Professional Property Appraisers will be available for individual consultation with you atPalmyra’sCommunity Center, located at 30 West Broad Street, Palmyra, NJ. To schedule an appointment, please call 1-(800)-410-5815 between the hours of 9 am and 4 pm, Monday through Friday. Please call no later than December 14, 2012. Please bring this letter, along with a copy of any relevant information that can be used by us for further consideration. For more information visit the Borough website at:

Finally, we wish to take this opportunity to thank the residents of the Borough of Palmyra for your cooperation and courtesy during the Revaluation Program.

Very truly yours,

Professional Property Appraisers, Inc.