Property Tax Assessment Board

Overview

Link to NYS site for more Information

In Tuxedo Park, the Board of Trustees by Resolution acts as the Board of Property Tax Assessment on a Hold Over basis.

Assessments and market value

A property's assessment is based on its market value. Market value is how much a property would sell under normal conditions.

The local Assessor determines assessments. Assessors are local government officials who estimate the value of real property within a municipality. Most assessors work for a city or town, though a county or village employs some. Assessors may use different methods to estimate property value. See How property is assessed.

All properties in your municipality (except in New York City and Nassau County) are required to be assessed at a uniform percentage of market value each year. In other words, must assess all taxable properties at market value or the same percentage of market value. For example, if the market value of your home is $200,000, and assessments in your community are at 30 percent of market value, your assessment should be $60,000.

In communities assessing property at 100 percent of market value, your assessment should equal roughly the price for which you could sell your property. In communities assessing at a percentage of market value, the estimated market value of each property is listed on the tentative assessment roll.

2023 - 2024 Final Assessment Roll