OFFICIAL SITE OF THE STATE OF NEW JERSEY

Appraisals and Appraisers

What is an appraisal?
An appraisal is a professional estimate of the value of property, and for Green Acres that means real property or land and any improvements on the land. Appraisals are necessary before the property can be insured or any kind of loan is issued for its purchase. The appraisal process includes a site visit supplemented by research into and analysis of information and documents to estimate of different valuations for that property.

How are appraisals acquired?
Green Acres maintains a list of approved appraisers to assist in the acquisition of lands either we either purchase directly or help to fund.

• Appraisal Questionnaire/Pre-Appraisal Fact Sheet (Includes Fact Sheet and Project Reference Map Checklist) (June 2022)
• Green Acres Appraisal Service Scope of Work (January 2019)
• Blue Acres Appraisal Requirements (August 2018)
• Appraisers, List of Green Acres Approved (October 2022)
  NOTE: Appraisers approved by Green Acres MUST inspect the premises for local government and nonprofit acquisition projects.

For more information about Appraisals, please call (609) 984-0500.