Answer:There are a lot of factors that are considered when determining the tax assessed value of a property including the fair market value, the overall quality of the property, property values, square footage, home features and market conditions. Many of these calculations are computerized and based on real estate data in the neighborhood and surrounding area. However, Rockland’s Assessing Department performs fieldwork annually to verify information that impacts property values, such as new buildings and property improvements.
For more information specific to how the value of your property has been calculated please contact the Assessor.
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There are a lot of factors that are considered when determining the tax assessed value of a property including the fair market value, the overall quality of the property, property values, square footage, home features and market conditions. Many of these calculations are computerized and based on real estate data in the neighborhood and surrounding area. However, Rockland’s Assessing Department performs fieldwork annually to verify information that impacts property values, such as new buildings and property improvements.
For more information specific to how the value of your property has been calculated please contact the Assessor.
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