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TRUSTED BY MENDHAM, NJ HOMEOWNERS

  • Average homeowner rating star icon4.8
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  • Verified reviews icon22
    Verified property appraisals reviews

Find Property appraisers in Mendham

Avatar for AA Appraisals
AA Appraisals
5.0(
17
)
Appraisal - Real Estate

Serving Mendham, NJ and surrounding areas

Approved

In business since 2005

Free estimates

Small jobs welcome

"Lynn was professional and knowledgeable. She explained the finer details of how a home is appraised for property tax. I would recommend her any day of the week"
Business card
Response time12 hrs
22 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for CCR Appraisal Service
CCR Appraisal Service
5.0(
29
)
Appraisal - Real Estate

Serving Mendham, NJ and surrounding areas

Approved

Super Service Award Winner

In business since 2002

Customers say: True professional

"As an executor I hired CCR to appraise the estateâ s real estate in another county. The owner, Dave, was very professional and accommodating. CCRâ s appraisal was accurate, timely, and affordable. I highly recommend them to anyone needing an appraisal."
Single Family Home
Morris Township Single family home
Montville
Multi-Family
Single Family Home

+1

Response time2 hrs
Response rate97%
7 neighbors recently requested a quote
Showing 1-10 of 48
Property Appraiser questions, answered by experts

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The Mendham, NJ homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.