You are reading the State of New Jersey Job Descriptions. This is not a Job Vacancy Announcement.

Job Specification

REAL ESTATE APPRAISER 3  

DEFINITION:

Under the supervision of managerial official in a State department, institution, or agency, supervises staff conducting real estate appraisal work to determine the current market value of State claimed lands, buildings, and other types of real estate for applications for land grants, leases, licenses, and easements for residential, commercial, and other zoned land; supervises and conducts on-site inspections and investigations; researches current market value data; interprets surveys, engineering plans, and legal documents; conducts complex appraisals; supervises staff and work activities; prepares and signs official performance evaluations for subordinate staff; does other related duties as required.

NOTE: The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job specification. Conversely, all duties performed on the job may not be listed.

EXAMPLES OF WORK:

Conducts complex real estate appraisals.

Recommends fair market value determinations to be used as a basis for negotiation, settlement, or condemnation.

Gathers and analyzes data to develop appraisals.

Reviews staff and fee appraisals; recommends re-appraisals when appropriate.

Supervises the work operations and/or functional programs and has responsibility for effectively recommending the hiring, firing, promoting, demoting, and/or discipline of employees.

Provides guidance and instruction to staff and supervises their performance.

Participates in the establishment and implementation of uniform standards and appraisal techniques.

Reviews reports of real estate appraisals and appraisal reviews.

Ensures that appraisal techniques are in accordance with rules and regulations.

Prepares, develops, and reports the findings of market studies.

Addresses and resolves problems during the development of appraisals.

Interprets and applies the regulations and policies of the Uniform Standards of Professional Appraisal Practice and the New Jersey State Board of Real Estate Appraisers.

Supervises technical instruction to staff to obtain data and sales information.

Consults property owners, buyers, lenders, and other appropriate parties to obtain data regarding the physical details of lands and buildings, and verifies sales data.

May testify as an expert witness in hearings, meetings, or other actions.

Supervises the preparation of reports and correspondence.

Maintains records and files.

Will be required to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.

REQUIREMENTS:

NOTE:Applicants must meet one of the following or a combination of both experience and education. Thirty (30) semester-hour credits are equal to one (1) year of relevant experience.

Ten (10) years of professional experience in appraising real estate property including eminent domain experience involving severance damages to both residential and income-type properties, including or supplemented by satisfactory completion of at least 128 classroom hours of formal recognized courses in appraising such as the American Institute of Real Estate Appraisers 1A and 1B series (former Institute Courses I and II) or those of other recognized Appraisal Societies such as the Society of Real Estate Appraisers Course 101 and 201 or any combination of formal recognized professional Appraisal Society courses which totals (without course or curriculum duplication) at least 128 classroom hours.

OR:

Possession of a bachelor's degree from an accredited college of university, including or supplemented by the satisfactory completion of at least 128 classroom hours of formal recognized courses in appraising such as the American Institute of Real Estate Appraisers 1A and 1B series (former Institute Courses I and II); or those of other recognized Appraisal Societies such as the Society of Real Estate Appraisers Course 101; and 201 or any combination of formal recognized professional Appraisal Society courses which totals (without course or curriculum duplication) at least 128 classroom hours; and six (6) years of the above-mentioned professional experience.

NOTE: One (1) year of experience in the sale or negotiation of real estate may be substituted for one (1) year of the appraisal experience.

NOTE:"Professional experience" refers to work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories and practices; and is performed with the authority to act according to one's own judgment and make accurate and informed decisions.

LICENSE/CERTIFICATION:

Applicants are required to possess a valid State Certified General Real Estate Appraisers (SCGREA) certificate issued by the New Jersey Real Estate Appraiser Board.

Appointee will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.

KNOWLEDGE AND ABILITIES:

Knowledge of the methods used to appraise land values.

Knowledge of the basic legal terminology used in real estate law, including the laws of Eminent Domain.

Knowledge of the methods used to collect and analyze data.

Knowledge of the problems involved in real estate appraisal and negotiations.

Knowledge of the methods used to negotiate in real estate.

Ability to supervise assigned staff and plan, organize, and implement projects within the unit.

Ability to interpret agreements, easements, property descriptions, plans, and contracts.

Ability to interpret laws, rules, and regulations, and apply them to specific situations.

Ability to recommend fair market value determinations.

Ability to supervise the collection and analysis of data.

Ability to review and evaluate appraisals and to identify the need for re-appraisals.

Ability to conduct investigations and resolve complaints.

Ability to provide assignments and instruction to staff and supervise their work performance.

Ability to establish and maintain cooperative working relationships with those interested or involved in the work of the unit.

Ability to supervise the preparation of reports and correspondence.

Ability to establish and maintain records and files.

Ability to learn to utilize various types of electronic and/or manual recording and information systems used by the agency, office, or related units.

Ability to read, write, speak, understand or communicate in English sufficiently to perform the duties of this position. American Sign Language or Braille may also be considered as acceptable forms of communication.

Persons with mental or physical disabilities are eligible as long as they can perform the essential duties of the position with or without reasonable accommodation. If the accommodation cannot be made because it would cause the employer undue hardship, such persons may not be eligible.

This job specification is applicable to the following title code:
Job
Spec
Code
VariantState,
Local or
Common
Class of
Service
Work
Week
State
Class
Code
Local
Class
Code
Salary
Range
Note
57086SCNL29N/AR29-

This job specification is for state government use only.
Salary range is only applicable to state government.
Local salaries are established by individual local jurisdictions.

5/11/2019