Background: The house is in a smaller town in Colorado. 

Hi Clara, its always nice to meet other agents around town, never know when you might co-op a deal one day.

I say "could" because the assessor is likely to use the sale price as the assessed value, but that's not necessarily the case.The NH Department of Revenue Administration has links to information on both Current Use and Timber on their web site, https://www.revenue.nh.gov/mun-prop/property/You also want to check the Zoning Ordinance in the town carefully to see what's allowed in that particular zone. 

Are there any specific towns I should look at or stay away from?

Analysts are talking about a 4 to 5 million unit deficit nationally, that's about 5 years worth of average production we need to do on top of the usual.My home town Milwaukee is a good example.

Things will change by the part of town you are in.

Last I heard he owns about 20 houses in one town.

As a real estate agent I disagree that an out of town (area) CPA is best. 1. consider your professional network, you can do a lot for a CPA and it can be mutually beneficial. 2.

I'm only familiar with South Jersey, so I was wondering what towns and cities in North Jersey might be worth investigating? 

What town in nj?