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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.
Michele Chiles-Hickman Certified Residential Specialist Berkshire Hathaway Homeservices Fox & Roach Realtors Montclair, NJ 0016842 Contact Me Visit my Website Send a Referral Subscribe to Newsletter