Nassau County, NY

Nassau County Department of Assessment

240 Old Country Road, Mineola, New York 11501 (516) 571-1500

January 4, 2021

101 JERUSALEM AVE
HICKSVILLE NY, 11801

PARID: 11297 00180
TAX CLASS: 4

NOTICE OF TENTATIVE ASSESSED VALUE FOR THE 2022/2023 ASSESSMENT ROLL

Pursuant to Section 6-7.0(f) of the Nassau County Administrative Code and Section 510 of the New York Real Property Tax Law

Due to the instability of Nassau County’s real estate market caused by the COVID-19 pandemic, and the continued economic hardships homeowners and businesses face, County Executive Laura Curran has paused property valuation updates for the 2022-2023 assessment roll. Therefore, unless you have since received a correction of error, an assessment reduction, or physically altered an improvement, or petitioned for a map change, this notice should reflect the same property assessment as the previous tax year, which protects against an assessment update based on the current chaotic real estate market.

	Valuation Date 1/4/2021	Valuation Date 1/2/2020	Change from 1/2/2020
Full Market Value:	$2,076,900	$2,076,900	+$0
Level of Assessment:	1%	1%	0
Tentative Assessed Value:	20,769	20,769	+0
Transitional Assessed Value*:	17,792	16,439	+1,353
The Transitional Assessed Value will be reduced by any exemption amount you qualify for each year. Full Market Value* is the estimate of your property's market value as of January 4, 2021. Level of Assessment is the percentage of Full Market Value at which properties are assessed as determined by the Department of Assessment. For tax years 2021/2022 and 2022/2023, the class two and class four Level of Assessment is 1% (.01). Tentative Assessed Value (TAV) is calculated using your property's Full Market Value multiplied by the applicable Level of Assessment. (Example: A Full Market Value of $1,000,000 x .01 = $10,000 in TAV). Transitional Assessed Value will limit any increase in assessed value from the prior tax year (excluding new construction and renovations) for class two and class four properties. The increase will be phased in by equal amounts over a five-year period. Class two includes apartments (buildings with four or more units), cooperatives, and high-rise condominiums (greater than three stories). Class four includes all real property not designated as class one, class two, or class three. The Transitional Assessed Value may decrease based on challenges to the current or prior assessment rolls..

SPECIAL NOTICES

The Full Market Value figure shown, as of January 4, 2021, does not take into consideration any potential change in value that is currently being considered by the Assessment Review Commission, if you grieved your assessment (ARC). Should ARC reduce the assessed value for this property, it will provide the owner or the owner’s representative with a written notice.
A property owner may in writing opt out of the requirement to receive this notice in the mail. You may direct the County to stop mailing this annual notice to you online on our website at askthecountyassessor.com. Property owners will still be able to view their property's assessed value and annual notice on our website at www.mynassauproperty.com.

HOW TO FILE A GRIEVANCE IF YOU DISAGREE WITH YOUR PROPERTY'S VALUE

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 4, 2021 and March 1, 2021. The application and a publication containing procedures for contesting an assessment are available and can be obtained on-line at www.nassaucountyny.gov/arc, in person at the Department of Assessment’s or ARC's offices located at 240 Old Country Road in Mineola, or by contacting ARC at (516) 571-3214 after January 4, 2021. The Department of Assessment's hours of operation are from 8 A.M. to 4:45 P.M.