ASSESSED PROPERTY VALUATIONS - EXEMPT PROPERTY - PROPERTY TAX APPEAL DATA
Property Tax Assessments - Taxable Properties (October 1, 2024 Value)
# of Parcels Assessed Value % of Total
1Vacant Land 93 $49,732,100.00 4.27%
2Residential 2,671 $737,736,500.00 63.33%
3A/3BFarm 0 $0.00 0.00%
4ACommercial 376 $279,990,900.00 24.04%
4BIndustrial 13 $11,509,800.00 0.99%
4CApartments 30 $78,775,100.00 6.76%
5A/5BRailroad 10 $0.00 0.00%
6A/6BBusiness Personal Property 1 $7,133,200.00 0.61%
Total 3,194 $1,164,877,600.00 100.00%
Average Ratio (%), Assessed to True Value 63.46%
Equalized Valuation, Taxable Properties $1,835,609,202.65
Total # of property tax appeals filed in 2024 County Tax Board 6.00
State Tax Court 4.00
Number of 2024 County Tax Board decisions appealed to Tax Court 1.00
Number of pending property tax appeals in State Tax Court 4.00
Amount paid out by municipality for tax appeals in 2024 $308,958.86
Property Tax Assessments - Exempt Properties (October 1, 2024 Value)
# of Parcels Assessed Value % of Total
15A Public Schools 5 $59,228,900.00 8.81%
15B Other Schools 1 $17,588,100.00 2.62%
15C Public Property 69 $137,184,900.00 20.40%
15D Church and Charities 22 $39,519,400.00 5.88%
15E Cemeteries & Graveyards 4 $5,057,100.00 0.75%
15F Other Exempt 222 $413,956,400.00 61.55%
Total 323 $672,534,800.00 100.00%
Percentage of Exempt vs.
Non-Exempt Properties
57.73%

PILOT entries are grouped by row on small screens.

Prior Budget Year's Payments in Lieu of Tax (PILOT) - 5 Year Exemptions/Abatements Taxes if Billed in Full
2024 Total Tax Rate
# of
Parcels
PILOT
Billing/Revenue
Assessed Value
GCommercial/Industrial Exemption
IDwelling Exemption 1 $7,100.00 $280.67
JDwelling Abatement 1 $25,000.00 $988.25
KNew Dwelling/Conversion Exemption
LNew Dwelling/Conversion Abatement
NMultiple Dwelling Exemption
OMultiple Dwelling Abatement
Total 5 Yr Exemptions/Abatements 2 0.00 32,100.00 1,268.92