Nassau County Department of Assessment

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

January 2, 2020
332 UNIONDALE AVE
UNIONDALE NY, 11553
PARID: 34510 07540
TAX CLASS: 4

NOTICE OF TENTATIVE ASSESSED VALUE FOR THE 2021/2022 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
Valuation Date 1/2/2020 Valuation Date 1/2/2019 Change from 1/2/2019
Full Market Value: $114,600 $120,600 -$6,000
Level of Assessment: 1% 1% 0
Tentative Assessed Value: 1,146 1,206 -60
Transitional Assessed Value*: 1,008 942 +66
*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 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 years 2020/2021 and 2021/2022, 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). 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 1/2/20, does not take into consideration any potential change in value that is currently being considered by the Assessment Review Commission (ARC), if you grieved your assessment. 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.