Sea Cliff, New York Property Taxes
The median property tax rate in Sea Cliff, NY is 1.76%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Sea Cliff at $742,000, the typical annual property tax bill reaches $13,125, significantly exceeding the national median of $2,690. Property taxes in Sea Cliff are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sea Cliff's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sea Cliff or another part of Nassau County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sea Cliff, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$13,059
$12,119
$1,148
Average Tax Savings
Ownwell’s Sea Cliff Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sea Cliff with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sea Cliff to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Sea Cliff. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sea Cliff, New York
Property taxes in Sea Cliff, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sea Cliff is 1.76%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Sea Cliff set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sea Cliff estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Sea Cliff's effective property tax rate to other areas in Nassau County and the national median. For comparison, the zip code 11579 has the highest median property tax rate of 1.76%, while the same zip code also has the lowest median tax rate of 1.76%. Understanding how these figures compare with Sea Cliff provides valuable insights into the varying tax landscape across Nassau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Sea Cliff Tax Rate
1.76%
Average Nassau County Tax Rate
2.10%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sea Cliff, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11579 | 1.45% | 1.61% | 1.76% | 1.90% | 2.02% |
Source: Ownwell
$1,148
Average Sea Cliff Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Sea Cliff, New York
In Sea Cliff, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Nassau County Department of Assessment for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Sea Cliff, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sea Cliff helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills are both $13,125 in the 11579 zip code.
Average Sea Cliff Assessed Value
$742,000
Average Nassau County Assessed Value
$537,000
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sea Cliff, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11579 | $498,000 | $611,000 | $742,000 | $931,000 | $1,151,400 |
Source: Ownwell
$1,148
Average Sea Cliff Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Sea Cliff, New York
In Sea Cliff, Nassau County, NY, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual property tax bill. With a median home price of $742,000, homeowners in Sea Cliff typically face substantial property tax bills. For instance, the 25th percentile tax bill is $10,525, while the 75th percentile tax bill reaches $16,252, and the 90th percentile tax bill can soar to $19,850. These figures significantly exceed the national median property tax rate of 0.99%, underscoring the higher tax burden in this region. Ownwell can assist homeowners in Sea Cliff by providing expert property tax appeal and exemption services. By analyzing the assessed value of your property and comparing it with similar properties in the area, Ownwell identifies discrepancies and files appeals on your behalf, potentially lowering your tax bill. This service can lead to significant savings, making homeownership more affordable.
Average Sea Cliff Tax Bill
$13,125
Average Nassau County Tax Bill
$11,613
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Sea Cliff, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11579 | $8,316 | $10,525 | $13,125 | $16,252 | $19,850 |
Source: Ownwell
$1,148
Average Sea Cliff Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | March 3 |
Links | |
|---|---|
| Nassau Assessment Review Commission | |
| Website | lrv.nassaucountyny.gov |
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