Nassau, Suffolk, Long Island, NYC - Real Estate Property Tax Reduction

With more than 30 years experience in real estate tax reduction our attorneys review assessment records to determine if errors or inaccuracies exist, if abatements or exemptions are available and if market value estimates are correct. We recover real estate tax over-payments and ensure that future assessments are reduced to the fullest extent of the law. We handle administrative hearings, consult with appraisers and engineers and appear on behalf of clients at administrative hearings and trial.

Tuesday, December 10, 2019

Nassau County Assessment Review Offer of Reduction

The Assessment Review Commission is sending out offers to reduce the assessment for the 2020/21 tax year based on 1% of value. Most of the offers that I have reviewed are not good offers and should be rejected. A petition should be filed in April for a hearing. The assessment for 2020/21 being set at a lower assessment is not necessarily a fair market value. The only way to know is to do the math and compare the 2019/20 assessment which was calculated at only .6% of value. The 2020/21 assessment at 1% of value is a whole different value.