A home is taxed on it's "assessed value" .

Depending on the municipality, the assessed value is comprised of several different factors such as square footage of the home, property size, age of the home, location, structures such as decks, garages, pools, etc. In a development where the homes are similar, one home may have higher taxes compared to the others if it has a dormer or room addition. When I ask a prospective home purchaser what they are looking for in a home, quite often I'm given a list of all the "bells and whistles" AND low taxes. You get either one or the other.

Once the assessed value is determined, it is then multiplied by the tax rate. The tax rate is determined by the school district, fire district, library, etc. For instance, a home a few blocks away from a similar home might have higher taxes because it is in a different school district.

You can drive around the area, find similar homes to the one in question, make note of the addresses, and check their assessed values and tax bills at Town Hall. If the taxes are not in line with one you think they should be, they can be grieved. There are companies such as Mark Lewis that specialize in grieving taxes for a fee. Good Luck.

Carol Bromm
Associate Broker
Prudential Douglas Elliman- Babylon
631 422-8269

You can check MLSLI.com under available and closed properties for that area--without any other specifics hard question to answer, unless you go directly to the town's public records.

Anna
917-576-5376
abrocco@laffey.com