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Market Value vs Assessed Value - What's the Difference? - 9/15/2026

Market value reflects what buyers may pay in today's market, while assessed value is used by local taxing authorities to help calculate property taxes.
Glenn Elliot CRS, GRI, e-PRO, SFR The Agency Rutherford Rutherford, NJ (201) 390-6734 7841707 Glenn Elliot of the Agency Rutherford has been selling real estate in the Bergen County New Jersey area for nearly 50 years. Contact Me Visit my Website Send a Referral Subscribe to Newsletter