American Society of Appraisers: Northern New Jersey Chapter
American Society of Appraisers: Northern New Jersey Chapter Serving Pennsylvania, New Jersey and Delaware

MEMBERS ONLY AREA

The Members area is primarily for Chapter 73 members, candidates and staff, but you're welcome to browse, too. Not a member? Considering joining us. You'll be in good company! Older Members Only items are in the Members Only Archive.

Mentoring for Candidates

The ASA NJ Chapter 73 offers mentoring services to ASA candidates, as well as to those interested in pursuing membership. We know how challenging and demanding the accreditation process can be. But it is worthwhile! We want to help you become the best appraiser you can be. Come to a meeting and learn more about the chapter and the ASA organization.

Discipline Mentors:
  • Business Valuation - Kyle Garcia, ASA (973) 287-0859, kyle.garcia@marcumllp.com
  • Machinery and Equipment - Kent Amarante, ASA (908) 823-1034, kamarante@federalappraisal.com
  • Personal Property - Lynn Magnusson, ASA, AAA (973) 425.1550, Lynn@TheMagnussonGroup.com
  • Real Property - Paul Roberts, ASA (201) 934-4573, proberts@intlappraisal.com

Webinars and Live Events: Growing Through Education

Whether a webinar, university course, three-day or day-long course, ASA encourages members to take their career to new heights by participating in one or more professional development opportunities. Classes are taking place across the country. Don't miss an opportunity to excel in your practice. Sign up today!

March 2013 Newsletter

The ASA NNJ Chapter 73 offers mentoring services to ASA candidates, as well as to those interested in pursuing membership. We know how challenging and demanding the accreditation process can be....

The next chapter event may very well be the last at perennial favorite, Pal's Cabin, which is soon to be replaced. Scheduled for January 17, Gary Snowdon, ASA President of the Hudson Valley chapter, will present "The Good, the Bad and The Ugly: Appraisal Review for Fraud," an abridged version of his well-received presentation at the ASA International Conference in Phoenix in October.

In her introductory remarks, Northern New Jersey Chapter President, Lynn Magnusson, ASA encouraged NJ members to send their business news to a Board member for inclusion on the chapter's website, which is being revamped to increase member's visibility to the googling public. Designed to be more user-friendly than the National site, members can use the chapter site to enhance their internet presence and accessibility.

Contact Chapter President Lynn Magnusson with your suggestions for future meeting locations and topics: Lynn@TheMagnussonGroup.com, 973-425-1550.

Read the complete March Newsletter here.

February 2013 Newsletter

Our Chapter Website
We are asking for your assistance in developing our chapter website. We'd like the website to drive prospects to your business. To do so, we'd like to include a short biography (2-3 sentences) for all AMs & ASAs in the Find An Appraiser directory. Please review your listing in the current directory and send us a short biography. Thumbnail portrait photographs are welcome but not required.

While you are on the site, let us know what features you might like to see, or what areas of the site seem less relevant.

Read the complete February Newsletter here.

2012 Holiday Party a Success

Lynn Magnusson, ASA

President Lynn Magnusson, ASA reports: "Our ASA 2012 chapter Holiday Party was a delightful event! We raised cash and sporting good donations for Superstorm Sandy victims, heard Bob Connelly's sports memorabilia stories, shared challenges and advice with colleagues, and met new Appraisers to the chapter."

Spirits were high at the ASA Northern New Jersey Chapter Holiday Party at Pal's Cabin in West Orange, NJ, helped by great weather and buoyed by a great turnout. In the spirit of guest speaker Bob Connelly, ASA's topic, “Valuing Sports Memorabilia,” the chapter successfully raised money and collected sporting goods for Hurricane Sandy's troubled children. The gleeful winner of the Basket of Cheer was Bob Connelly's guest, Brad Kirby, who was recovering from a recent hip replacement. Appraisal guru Connelly spoke about valuing memorabilia of different sports and sporting events, including the importance of rarity, authentication, and qualified grading. Who knew that the stuff of golf could be so pricey! Special guests included Bernie Sencer, ASA (Long Island) and Matthew Edelstein, ASA (Pennsylvania), both representing Sencer Appraisal Associates. John Marcus, ASA who transferred after a long association with the Hudson Valley chapter, was newly welcomed to the Northern NJ chapter.

Seen at the 2012 ASA Northern New Jersey Holiday Party
Bob Marcus, Bob Connelly, and Kyle Garcia Joe Novelli, Paul Roberts, and Rudy Fernandez
M & E Appraiser John Marcus, Bob Connelly and BV Mentor Kyle Garcia. Past Presidents Joe Novelli, Paul Roberts and Rudy Fernandez.
Donna Thomson Ray and Jill Jacobs Dan Roche, Steve Kennedy and Drew Magnusson
Chapter Secretary Donna Thomson Ray and Corporate Art Dealer Jill Jacobs. Chapter Treasurer Dan Roche, 20th c. American Art dealer Steve Kennedy and Drew Magnusson.

Paul Roberts Co-Authors ASA White Paper

Paul Roberts, ASANorthern New Jersey Chapter member Paul Roberts, ASA, is a co-author of the recent ASA white paper, “Ad Valorem/Mass Appraisal Specialty: A New Beginning and Opportunity for the Real Property Discipline,” which he wrote with lead author Micheal R. Lohmeier, FASA, of the Detroit Chapter, and third author, David J. Kramer, ASA, also out of Detroit. The authors are members of ASA’s Real Property Committee, and Mr. Roberts, a past Region 1 Governor, is also ASA’s Real Property Governor.

The white paper outlines updated and expanded Ad Valorem/Mass Appraisal designations, establishing two new designations, viz. Ad Valorem/Mass Appraisal – General, and Ad Valorem/Mass Appraisal – Residential, both of which are defined with rigorous experience, education and examination requirements.

As Mr. Lohmeier explains in a recent AppraisalBuzz article, “Ad Valorem/Mass Appraisal: A New Direction and Opportunity,” the new designations reflect the fact that assessors and other mass appraisal specialists differ from most real property appraisers in what they appraise -- property types in general, not specific properties -- in the mathematical tools and techniques they use, and in their purpose, which is specific to property taxation.

With this groundbreaking white paper, Paul Roberts, who is Senior Vice President of IAC headquartered in Upper Saddle River, NJ, has again brought honor and distinction to his Northern New Jersey Chapter.

Liz Clement, AM, Lynn Magnusson, ASA and Jane St. Lifer, ASA
Liz Clement, AM, Lynn Magnusson, ASA and Jane St. Lifer, ASA.
Louis Devenish and Lynn Magnusson, ASA
Appraiser Louis Devenish and Lynn Magnusson, ASA at Lambertville Symposium.

October Meetings

October was a busy month for new Chapter President, Lynn Magnusson, ASA. Early in October she attended the ASA International Conference in Phoenix, AZ from October 7-10, where she got up to speed on ASA programs and networked with Liz Clement, AM, President of the Boston ASA Chapter, and Jane St. Lifer, ASA, a member of both the NYC and Northern NJ chapters. The Boston, Northern NJ and NYC Chapter representatives all enjoyed the venue -- the Frank Lloyd Wright influenced Arizona Biltmore dubbed the Jewel of the Desert -- and came away plannning to work on enhancing their ASA Internet presence.

Later in October, on Saturday October 27, Ms. Magnusson attended a Personal Property symposium, Historic Innovation in Gardens and Interiors, sponsored by the The Devenish Group at The Inn at Lambertville Station in Lambertville, NJ. There she basked in the glory of a fine fall day and soaked up a talk by bestselling author and garden historian Andrea Wulf on the "Founding Gardeners: The Revolutionary Generation, Nature and the Shaping of the American Nation." But best of all was the chance to catch up with Appraiser Louise Devenish, with whom she discussed Late 18th and Early 19th Century Fine and Decorative Arts found at Mount Vernon and Monticello, the homes of George Washington and Thomas Jefferson. Lynn says "Since my early days at NYU in the 90s, Louise remains my favorite decorative arts teacher. She helped me to develop my connoisseurship skills and to evaluate characteristics of value."

Jane St. Lifer, ASA, Steve Kennedy & Joe Novelli, ASA
Jane St. Lifer, ASA, Steve Kennedy & Joe Novelli, ASA.
New President Lynn Magnuson, ASA and Regional Governor Susan Golashovsky, ASA
New Chapter President Lynn Magnusson, ASA and Regional Governor Susan Golashovsky, ASA.

Installation Dinner Meeting

The installation of the 2012-13 Northern NJ ASA Chapter's Board of Directors was celebrated in a private room at Lunello's in Cedar Grove, a five star restaurant, in September. The party got started with a cocktail hour featuring an unlimited supply of fine wines and butler served tapas. Regional Governor Susan Golashovsky, ASA was on hand to welcome members and their guests with news on the National appraisal scene and then administered the oath of office to President Lynn Magnusson, ASA, Vice-President Ray Dragon, ASA, Secretary Donna Thompson Ray, and Treasurer Dan Roche, ASA.

Joining in the festivities were Past Presidents Kyle Garcia, ASA, Ellen Epstein, ASA (Long Island Chapter), Rudy Fernandez, ASA, Ronald M. Gold, ASA (NYC Chapter), Scott VanderVliet, ASA along with past Regional Governors Paul Roberts, ASA and Tim Griffiths, ASA. A good-humored and warm-hearted group of appraisers and their guests enjoyed the fine dining and each other's company throughout the evening.

John Russell, ASAJohn Russell at September Chapter Meeting

On Monday, September 27, John Russell, ASA Director of Government Relations, met with chapter and regional members to discuss ASA's government relations program. Russell updated members on congressional legislation and regulatory practices impacting the profession. Members questioned Russell on the Dodd-Frank Reform Act, proposed changes to USPAP 2012-2013, and IRS Circular 230, among other topics. Russell encouraged members to provide input on how the government relations department can best serve their needs. You can view John's message on ASA's You Tube Channel.

Gerald Coyne, ASA, Chapter President Kyle Garcia, ASA, and Ken Amarante, AM
Gerald Coyne, ASA, Chapter President Kyle Garcia, ASA,
and Ken Amarante, AM

Professional Achievement: Certification

Congratulations to Gerald H. Coyne, Jr., ASA at Valuation Research Corp. in Trenton (at left in photo) and Kent R. Amarante, AM at Federal Appraisal & Consulting in Whitehouse Station, NJ (at right), shown receiving their advancement certificates from past President, Kyle S. Garcia, ASA at the Chapter's December 2008 Holiday Meeting at the Harding Gallery in Morristown.

Gerald, who achieved certification as an Accredited Senior Appraiser (ASA), and Kent, who qualified for the Accredited Member designation (AM) are both Machinery & Technical Specialties /Machinery & Equipment appraisers. Their certifications are marks both of individual achievement and of assurance to their clients.

The certifications are based on appraisal education, experience, intensive written and verbal examinations, and submission of acceptable appraisal reports. ASA candidates, like Coyne, must have a four-year college degree (or the equivalent), a minimum of five years of full-time appraisal experience (or the equivalent), and must adhere to the ASA's Principles of Appraisal Practice and Code of Ethics, and to USPAP. AM candidates, like Kent, must meet the same qualifications and a minimum of two years of full-time appraisal experience. But it doesn't end there. As required by the Appraisal Foundation, ASA members must complete USPAP course work and qualify for mandatory recertification every five years. As Coyne and Kent know, professionalism is a work in progress. Thanks, gentlemen and congratulations!

P.S. The holiday cocktail party was "a wonderful success" thanks to the efforts of Lynn Magnusson, ASA and her staff at Personal Property Consultants and the Harding Gallery.

Kal Barrow, ASA NJ Chapter 73 PresidentProfessional Achievement: Lifetime Membership

The ASA Board of Governors has unanimously approved Chapter 73's recent past President Kal Barrow, ASA for Life Membership in ASA. Life Membership is awarded in recognition of outstanding contributions to the Society and to the valuation profession. A past Chairperson of ASA's International Publications Committee and its International Public Relations Committee, Kal is currently Vice-Chair for Machinery & Technical Specialties of the Board of Examiners. The President of Barrow Appraisal Associates in Edison, NJ, Kal is also a member of the ASA Speaker's Bureau and its Publication and Editorial Review Board. A popular instructor, speaker and author for ASA and other organizations, Kal's long and meritorious service has helped elevate the status of the appraisal profession. Thanks Kal, and congratulations!

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