Equalized Value definition

Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1.(Example: Assessed Value = $1,000,000; Director’s Ratio = 80%. $1,000,000  .80 = $1,250,000)
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1.
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1. Example: Assessed value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000. If Director’s Ratio is less than 100%, the equalized value will be an amount greater than the assessed value, if Director’s Ratio is in excess of 100%, the assessed value will be equal to the equalized value. When calculating equalized value for item(C) as shown on front portion of this form, aggregate assessed values by property class.

Examples of Equalized Value in a sentence

  • At the time of sale, a property’s taxable valuation is readjusted to the State Equalized Value, which is, theoretically, 50 percent of the market value.

  • At the time property is sold, its taxable valuation is readjusted to the State Equalized Value, which in theory is half of the property’s market value.

  • The assessment to assessed value ratio cannot exceed 25% of two times the State Equalized Value without written approval of the Authorized Official.

  • Energy Project$ Energy Audit$ Engineering/Architect Plans$ Building Permit Fees$ Other (Please explain)$ Total$ The lien to value ratio (including the mortgage, if any, and excluding the requested financing amount) cannot exceed 80% of two times the State Equalized Value.

  • At the time of sale, a property’s taxable valuation is readjusted to the State Equalized Value, which is, theoretically, 50% of the market value.


More Definitions of Equalized Value

Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1. Example: Assessed value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000. If Director’s Ratio is less than 100%, the equalized valuation will be an amount greater than the assessed value, if Director’s Ratio is in excess of 100% the assessed value will be equal to the equalized value.
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1. (Example: Assessed Value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000)
Equalized Value means with respect to any Property, either (i) the equalized value for such Property as provided by the applicable municipality, or (ii) in the event that the value set forth in the preceding clause (i) is not provided by the applicable municipality, “Equalized Value” shall mean an amount equal to the product of (i) the value of such Property as assessed by the applicable taxing authority (or such other value or methodology used by the applicable jurisdiction to value Properties) and (ii) the Equalization Ratio, in any case, as of the date such Eligible Asset was acquired by an Eligible Asset Owner.
Equalized Value means an amount equal to the product of (i) the value of such Property as assessed by the applicable taxing authority (or such other value or methodology used by the applicable jurisdiction to value Properties) and (ii) the Equalization Ratio, in any case, as of the date such Eligible Asset was acquired by an Eligible Asset Owner.
Equalized Value means the assessed value of the property in the year that the transfer is made, divided by the Director’s Ratio. The Table of Equalized Valuations is promulgated annually on or before October 1 in each year pursuant to N.J.S.A. 54:1-35.1.(Example: Assessed Value = $1,000,000; Director’s Ratio = 80%. $1,000,000 ÷ .80 = $1,250,000)8. FULL EXEMPTION FROM THE REALTY TRANSFER FEE (GRANTOR/GRANTEE)The fee imposed by this Act shall not apply to a deed:
Equalized Value means the assessed value as of January 1, 2017, as provided by county assessors on April 1, 2018, divided by the real and personal property ratio for that county for property taxes levied for collection in 2018.
Equalized Value means the value that has been certified to the Pierce County assessor-treasurer under RCW 84.12.370, following apportionment to the counties under RCW 84.12.350 and 84.12.360, upon which the state and its taxing districts impose their levies, and that is in a public report made available by the Washington State Department of Revenue.