Greenburgh Property Value Tax Assessment Update

Message from the Town’s Assessor…

The Town of Greenburgh as noted for the past 3 1/2 years is committed to maintain 100% Assessed Valuation as opposed to way the process has been for the last 60 years.

Each year the Town will be reviewing the market and make a determination as to the values of properties for the purposes of taxation.  We completed a full re-evaluation of all properties in 2016.  In 2017 – 2019 we will be statistically reviewing properties through a sales ratio and CAMA study to determination the activity in the market. As such, the assessment will reflect whether the market is increasing or decreasing.  This year, we have found, the market for residential properties have increased between 2% – 4%.  if there was no other reason for an assessment change (ex: upgraded condition, additions, new construction, etc) the only reason your percentage of tax liability will change is if the municipal budgets change.

Edye McCarthy

Town Assessor