Requires municipalities to notify affected property owners before implementing compliance plan to reassess valuation of certain properties.

This bill requires New Jersey municipalities to notify property owners directly before reassessing the valuation of specific properties through a compliance plan. It adds a mandatory notification step for affected owners, detailing how the reassessment will be implemented, its potential impact on their property value, and their right to appeal. Currently, assessors must notify local officials and get county board approval, but this bill extends that requirement to individual property owners after approval. The notice must be delivered via personal service, registered mail, or certified mail, ensuring owners receive concrete information before changes take effect.