|Valuation Date 1/2/2020||Valuation Date 1/2/2019||Change from 1/2/2018|
|Full Market Value:|
|Level of Assessment:||--|
|Tentative Assessed Value:|
• Full Market Value is the estimate of your property's market value as of January 2, 2020.
• Level of Assessment is the percentage of Full Market Value at which properties are assessed as determined by the Department of Assessment. For tax year 2020/2021 the class one Level of Assessment was .10% (.0010). For tax year 2021/2022, the class one Level of Assessment is unchanged at .10% (.0010).
• Tentative Assessed Value is calculated using your property's Full Market Value multiplied by the applicable Level of Assessment. (Example: A Full Market Value of $400,000 multiplied by a Level of Assessment of .0010 equals $400 in Tentative Assessed Value for tax year 2020/2021).
If you would like to challenge your assessment or property's classification or exemption status, you may file an “Application for Correction of Assessment” with the Assessment Review Commission (ARC) between January 2, 2020 and March 2, 2020. The application is available and can be obtained on-line at www.nassaucountyny.gov/arc, in person at ARC's office located at 240 Old Country Road in Mineola, or by contacting ARC at (516) 571-3214 after January 2, 2020. The Department of Assessment's hours of operation are from 8 A.M. to 4:45 P.M.