Village Of Stewart Manor: Assessment Information: Assessment Information [Digital Towpath]

Village Of Stewart Manor

Assessment Information

Table Of Contents:

Links
FAQs
Documents

Exemption Forms Online from the Office of Real Property Services
How to File for a Review of Your Assessment
Link to General Information
Senior Citizen/Low Income First Time Filing Form In the Village of Stewart Manor, to qualify for a Senior Citizen/Low Income Tax Exemption, you must meet all three of the following criteria: 1. You must be at least 65 years of age by December 31st for the upcoming tax year (for example for the 2025-26 tax year which begins on June 1, 2025, you must be 65 years of age by December 31, 2024), 2. You must have earned no more than $29,000 in the previous year from ALL sources (filing for 2025-26 tax year which begins on June 1, 2025, earnings for 2024 are counted) The Village does not offer deductions for medical expenses to offset income. 3. You must file in the Village Clerk's office by December 31st (again for the 2025-26 tax year, you must file by December 31, 2024).
Senior Citizen/Low Income First Time Filing Form Instructions

Uniform Percentage of Value The percentage of market value (full value) used by an assessing unit to establish uniform assessments. This value must appear on the tentative roll. Real Property Tax Law Section 305 specifies, "all real property in each assessing unit shall be assessed at a uniform percentage of value..."
Taxable Status Date The ownership and physical condition of real property as of this date are assessed (valued) according to price fixed as of the valuation date. All applications for property exemptions must be filed with the assessor by this date.
Residential Assessment Ratio (RAR) A percentage established by the State Board of Real Property Services according to law, using the ratio of assessed value to the sales price for each usable residential sale in a recent one-year period. Ratios are then listed from highest to lowest; the midpoint (median) ratio is selected as the RAR. The RAR can be used to prove that a residential property is assessed at a higher level than other homes on the assessment roll. Your locality's RAR indicates at what percent of full value residential properties are assessed. For example, a RAR of 20 indicates that residential properties are assessed at approximately 20 percent of their full value.
Equalization Rate "State equalization rate" means the percentage of full value at which taxable real property in a county, city, town or village is assessed as determined by the state board." (RPTL Section 102) The rate is a ratio of the sum of the locally determined assessed values for all taxable parcels for a given assessment roll divided by ORPS's estimate of total full value for that same roll.

Assessment Challenge Form (PDF - 101.9 KB) You must fill out this form in its entirety to challenge your assessment and have it filed in the office of the Village Clerk by Tax Grievance Day (the third Tuesday in February).
2025-26 Tentative Assessment Roll (PDF - 313.3 KB)

Website Contact: Village Hall

Email:

Village Hall
120 Covert Avenue
Stewart Manor, NY 11530

Phone: 516-354-1800

Fax: 516-354-1825

Website Disclaimer: Website Disclaimer: Every effort has been made to insure that information posted to this website is correct at the time of posting. Content of this website, although checked for accuracy, is not warranted to be error-free. Please call the Village Hall for clarifiction of any information.

Printed On March 08, 2025