top of page
  • Writer's pictureAlbert Chanese

Finding Your Niche as a Real Estate Appraiser

Real estate has evolved rapidly over the past decade, becoming increasingly specialized. While real estate agents once may have worked with both commercial and residential buyers and sellers, many are choosing to find their niche. Some are even becoming micro-focused, working only in very high-end properties or with first-time buyers and sellers. The same is happening in the property appraisal segment of the industry.

Today, general knowledge is not enough when it comes to real estate valuation. Appraising the value of a single-family home, for example, is far different from appraising land that may be developed for industrial use or for properties that are being appraised in an eminent domain case.

New Jersey Realty Advisory Group, LLC has been involved in real estate for over 45 years and has been a New Jersey Appraiser for over 35 years. The two principals of New Jersey Realty Advisory Group alone have over 40 years of combined experience. Throughout the years we have appraised everything from individual residences and commercial properties to government projects. Today, our company has found its niche in specific areas of real estate valuation services, focusing on work as a commercial real estate appraiser including multi-family residential properties. Our niche is in litigation and special use properties like redevelopment areas, marinas, and farms. We provide professional real estate valuations for lenders, property owners, government agencies and the legal community.

These specialties require a tremendous amount of experience and knowledge. Along with decades of experience, the two principals of NJRAG hold the prestigious MAI designation from the Appraisal Institute. This Doctorate level certification verifies that all appraisals and consulting reports are prepared in conformity with the Code of Professional Ethics & Standards of Professional Appraisal Practice of the Appraisal Institute. These include the Uniform Standards of Professional Appraisal Practice (USPAP) adopted by the Appraisal Standards Board of the Appraisal Foundation. Clients are provided quality appraisal and consultant reports prepared under the highest standards, yet at competitive fees.

Our clients also benefit from our local knowledge, having worked extensively throughout Northern New Jersey, including Middlesex, Hudson, Union, Monmouth, Essex, Somerset, Bergen and Passaic Counties. We know our industry, our niche, and our market.

Along with our commercial real estate valuation services, our litigation support services include tax appeals, condemnations, trial consulting and environmental and contamination issues. Redevelopment services include eminent domain, feasibility studies, and Brownfields redevelopment.

When you come across a project, development or redevelopment that requires specialized knowledge, seek an established, trusted New Jersey appraiser with a niche in litigation and special use properties. We invite you to contact the professionals at the New Jersey Realty Advisory Group LLC.

116 views0 comments


bottom of page