The roots of Hannoch Appraisal Company were planted in 1921 by Franklin Hannoch, MAI, CRE, a charter member of the American Institute of Real Estate Appraisers. Since that time, it has specialized in real estate valuation and counseling for agencies of government, the Courts of New Jersey, attorneys, accountants, major corporations, insurance companies, financial institutions and private clients.
Hannoch Appraisal Company is a full service real estate appraisal and consulting firm providing appraisal services for property tax appeals, mortgage financing assignments, eminent domain issues, divorce settlements, reviews, trust and estate matters, and expert witness court testimony.
The practice encompasses many property types including shopping centers, office buildings, apartment complexes, industrial buildings, big box retail properties, vacant land, branch banks, and special purposes properties.
If you’d like to engage our services or simply know more, please contact us at (973) 994-0900.
Franklin Hannoch, MAI, CRE
Hannoch Appraisal Company was established in 1921 by Franklin Hannoch. Mr. Hannoch was a charter and organizing member of The American Institute of Real Estate Appraisers. He served that organization as president of the New Jersey Chapter #1, and as a member of the National Governing Council. A gifted writer and poet, he was well known for his legendary article The Unpredictable Service Station, and for his poem entitled The Scientific Appraiser. Affectionately known as "The Dean" by the Real Estate Board of Newark, he taught real estate appraisal courses for many years.
Franklin Hannoch, Jr., MAI, CRE
Franklin Hannoch, Jr., joined the firm in 1952 after his graduation from Rutgers University, cum laude, Phi Beta Kappa. Mr. Hannoch took an active role in the American Institute of Real Estate Appraisers as the president of its New Jersey Chapter #1, and served as both a National Governing Counselor and a National Chairman of Professional Ethics. He taught real estate and appraisal courses at Rutgers University, and he served on the faculty of its Bureau of Government Research. A specialist in real estate tax matters, he became a Charter and Life Member of the Supreme Court Committee of the Tax Court of New Jersey.
Mr. Hannoch was invited to membership in the American Society of Real Estate Counselors in 1975, and served that organization, now known as the Counselors of Real Estate, as its National President in 1994. He was also the first president of that organization's New Jersey Chapter, and served as its National Chairman of Professional Ethics. Franklin Hannoch, Jr., had the privilege of giving court testimony in many landmark tax cases including the famous "National Shoe Case", which set the parameters for contemporary real estate tax law.
James Hannoch, CRE
Mobile: (973) 727-4898
The tradition continues with James Hannoch, who has been providing real estate appraisal and consulting services in the State of New Jersey since 1979.
He is a graduate of Stockton State College where he earned a bachelor's degree in Business Administration with real estate as a major course of study. Mr. Hannoch minored in computer science and is well recognized by his colleagues in New Jersey for his intelligent application of computer technology to the valuation of real property. Mr. Hannoch has testified in several major litigation matters and his extensive litigation experience encompasses a wide variety of property types throughout the state.
Mr. Hannoch is licensed as a Certified General Appraiser in New Jersey. He has provided expert witness testimony in the New Jersey Tax Court, at various New Jersey Boards of Taxation, and in United States District Court, United States Bankruptcy Court, New Jersey Superior Court, and in Condemnation Commissions. As a member of The Counselors of Real Estate, Mr. Hannoch has served as the Chairman of its Professional Ethics Committee, and he has served as a trustee for the International Ethics and Standards Coalition.
Jon Fischer, MAI, AI-GRS
Mobile: (201) 280-3687
Mr. Fischer graduated from the Wharton School, University of Pennsylvania with a Bachelor of Science degree in economics. He was a dual major in Finance and Economics. While employed by John O. Lasser Associates, Inc., he obtained his New Jersey Certified Tax Assessor (CTA) designation, and roughly three years later he received the MAI designation from the Appraisal Institute. Mr. Fischer subsequently created Fischer Appraisal Associates, where he appraised a wide variety of commercial properties. In 2020, Mr. Fischer received the AI-GRS, Appraisal Institute General Review Specialist, designation. Throughout his career, Mr. Fischer has accumulated a plethora of real estate experiences that enables him to provide his clients with quality appraisal and consulting services. In 2020, Mr. Fischer merged his appraisal firm with that of Mr. Hannoch, and practicing as Hannoch Appraisal Company, the firm is based in Roseland, New Jersey.
Mr. Fischer is licensed as a Certified General Appraiser in New Jersey and New York. He has provided expert witness testimony in the New Jersey Tax Court, at various New Jersey Boards of Taxation, and in the Superior Court of New Jersey Civil Division, and in the Appellate Division of the Superior Court of New Jersey.
He currently serves as the President of the Northeast New Jersey Chapter of the Appraisal Institute, following previous positions on the Board of Directors and as its Secretary. He enjoys playing tennis, ping pong, and chess.
Mobile: (973) 294-0554
Mr. Reilly is a highly accomplished third generation appraiser. He is currently a General Accredited Appraiser with the National Association of Realtors, and he is licensed as a Certified General Appraiser in New Jersey. A former New Jersey Certified Tax Assessor, he has appraised numerous property types in a wide variety of jurisdictions in the state, and he has testified in several cases. He was previously the owner/broker at Reilly Real Estate and Insurance Agency, and the owner/principal of Reilly & Morris Appraisal Associates.