Property Valuation
The 'before and after' method in NJ appraisal practice is used primarily for:
AEstimating renovation costs
BMeasuring damages in a partial taking by eminent domain✓ Correct
CComparing two different appraisals of the same property
DCalculating property tax appeals
Explanation
The before-and-after method measures condemnation damages in a partial taking: the appraiser estimates the value of the whole property before the taking and the value of the remainder after, with the difference being the damages.
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