Hendricks Appraisal Company, LLC - Real Estate Appraisals, Research & Consulting
Mark E. Hendricks, CRE, FRICS, CTA, SCGREA
Principal                                                                                                       
 
 
Education:            Mount Saint Mary's University - 1981 - BA
                               Emmitsburg, Maryland
 
Experience:          
 
          Actively engaged in real estate valuations, advisory studies, research and counseling in the State of New Jersey since 1981. These services included a wide array of properties and assignments including residential properties, subdivisions and development parcels, multi-family complexes ranging from small low-rise garden apartments to high-rise projects in excess of 500 units or more. In addition, retail and commercial properties from a small neighborhood store to large scale regional shopping centers. Mr. Hendricks has also provided real estate valuation and counseling services involving small office buildings, coporate headquarter facilities and large multi-building office campuses. Other notable property types include hotels, convention centers, automobile dealerships, industrial warehouse, flex building and manufacturing facilities. His valuation experience also includes special purpose or limited market type properties such as golf courses, power generation facilities, breweries, hospitals, schools, easements, and correctional facilities.
 
          Mr. Hendricks has concentrated the bulk of his real estate appraisal, and consulting services in conncetion with the municipal defense of tax appeals. In this regard, he has qualified and has been recognized as an expert witness before the Tax Court of New Jersey, the United States Bankruptcy Courts, the Superior Court of New Jersey and many local County Boards of Taxation. He has also appeared as an appraisal expert before numerous municipal and county planning and zoning boards. In 2004, Mr. Hendricks served as the municipal Tax Assessor for the Township of Nutley.
 
          In addition to his tax appeal experience, Mr. Hendricks has also dedicated his practice to eminent domain valuation and consulting services for both the condemning authorities as well as property owners. Mr. Hendricks has also been appointed and served as a Commissioner in Condemnation in several matters for the Superior Court of New Jersey.  
 
          Apart from his appraisal and consulting experience, Mr. Hendricks is also an active real estate investor and manager, maintaining interests in several office, and
apartment properties.
 
Redevelopment Experience: 
 
          Over the past twenty-five (25) years, Mr. Hendricks has served as the principal acquisition appraiser or as the review appraiser for a number of large scale redevelopment projects including:    
 
  • The New Jersey Performing Arts Center (NJPAC) - Newark, N. J.
  • Prudential Center (N.J. Devils) Arena - Newark, New Jersey
  • Center City Development - Paterson, New Jersey
  • Society Hill at University Heights - Newark, New Jersey
  • Joseph G. Minish Passaic River Waterfront Promenade - Newark, N.J.
  • Essex County Corectional Facility - Newark, New Jersey
  • The Home Depot - Newark, New Jersey
  • South Ward Industrial Park - Newark, New Jersey
  • Hartz Mountain Waverly Yards Development - Newark, New Jersey
  • Pabst Brewery Development - Newark/Irvington, New Jersey
  • Multi-Plex Cinema & Entertainment Complex - Newark, New Jersey
  • Victory Gardens Residential Development - Newark, New Jersey
  • Downtown Center - West Orange, New Jersey
  • Riverfront Stadium (Newark Bears) - Newark, New Jersey
  • Bergen Street Redevelopment Project - Newark, New Jersey
 
Tax Appeal Experience:          
 
          Mr. Hendricks has performed reviews of on-going as well as completed revaluation programs involving both Class II and Class IV properties for several municipalities to insure accurate and correct analysis and valuation for tax assessment purposes. In addition, he currently serves as the real estate appraisal expert and tax consultant to the following municipalities: 
 
  • Township of Cedar Grove
  • Township of Fairfield
  • Borough of Glen Ridge
  • Township of Irvington
  • City of Newark
  • Borough of New Providence
  • Borough of North Caldwell
  • Township of Nutley
  • City of Orange Township
  • City of Paterson
  • Borough or Rockleigh
  • Borough of Roseland
  • Township of Union
  • Township of Verona
  • Township of West Caldwell
  • Township of West Orange  
 
Affiliations: 
 
  • Member - The Counselors of Real Estate - CRE
  • Fellow of the Royal Institution of Chartered Surveyors - FRICS
  • Associate Member Appraisal Institute - MAI Associate
  • Member IAAO - International Association of Assessing Officers
  • Member - Appraisal Section National Association of Realtors
  • New Jersey State Certified General Real Estate Appraiser (SCGREA 42RG0923)
  • New Jersey State Certified Tax Assessor - CTA
    
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