East Rochester Assessor's Office
120 West Commercial Street
East Rochester, New York 14445 ~ (585) 381-5151
Nicholas Morabito, III
Assessor
Additional Information on Assessment
Equity is the goal of the East Rochester Assessor's
office. Under New York State Law, East Rochester is required to
maintain an equal assessment value to market value ratio. In other
words, the Assessor's Office must assess property based on its likely
sale price. This is the fairest, most equitable method of property
assessing, and East Rochester is one of many towns in Monroe County,
including Pittsford, Chili, Parma, and Perinton, who seek to assess
annually based on the housing market.
Why participate in the annual assessment program? Assessing
property based on its market value makes sense and it's easy to
understand a full value system instead of a fractional value system. By
keeping assessments in line with market value, all taxpayers pay their
fair share of taxes.
Does East Rochester complete a town wide reassessment every
year? No. A town wide reassessment will only occur
when village wide assessment values fall below 100% of market value as
determined by the NYS Office of Real Property Services.
What is reviewed each year? Each year the Assessor
reviews individual sales, new construction or demolition, and changes
of use or occupancy.
What is market value? Market value is how much
a property would sell for under normal conditions. Establishing
market value depends on a buyer and seller each acting prudently and
knowledgeably, that the property has been on the market for a
reasonable amount of time, and that the price is unaffected by special
financing or sales concessions like a "family sale" at a reduced
selling price.
Residential Market Value is based on the sale price of similar
properties. Market adjustments are made for prominent physical
characteristics like location, condition, size, number of bathrooms,
fireplace, air conditioning, garage, decks, porches, etc.
Commercial Market Value is based on its potential to produce rental
income. Potential gross income is determined and corresponding
expenses are analyzed to arrive at a net operating income.
Complex Commercial & Industrial Market Value is based on the
most appropriate valuation method for the property in question - cost
method, market value, income based - or a combination of all three.
How is market value determined? Market value
is determined by analyzing valid arms length real estate
sales. The assessor does not set market value. The primary factor
in establishing market value is the price paid for a neighboring home;
other factors include affordability, condition and amenities of the
property, interest rates, availability of amenities and jobs, and
commuting distance.
When is my assessment effective each year? Each
year the final assessment roll is sent to New York State and is
effective July 1st. This final roll impacts your taxes in the
following way - School District tax as of September 1st of the current
year, County tax as of January 1st of the following year, and finally
Town/Village tax as of June 1st of the following year.
Who do I talk with if I disagree with my assessment? The
Assessor and his staff are available each year April 15th through May
1st to conduct an Informal Review with a property owner. These
informal meetings provide property owners with an opportunity to
produce evidence contradicting the assessed valuation of a
property. You may also file for a hearing with the Board of
Assessment Review if no agreement was reached during your informal
review meeting. The Board of Assessment review meets the first
Tuesday in June each year.
Tell me more about the Board of Assessment Review - BAR and
my hearing with them ? Your written application should
include statements, records, and other relevant information to support
your complaint. You have the right to attend the hearing of the
BAR and to present statements supporting your complaint. You may
appear in person, with or without an attorney or other
representative. You may also submit your complaint in writing
only. The BAR consists of 3 members appointed by the Village
Board. The BAR cannot include the Assessor or any member of the
assessor's staff. The Assessor is required, by law, to attend all
formal hearings of the BAR and has the right to be heard on any
complaint.
Who oversees the assessor's office? The East
Rochester Assessor's Office is overseen by the New York State Office of
Real Property Services, not the local taxing jurisdictions
affected by the Assessor's office - namely the local school district,
county legislature or town board.
What do I bring to my informal review or Board of Assessment
Review appointment? You must provide documentation which
states current market value; acceptable forms include:
- the purchase price if purchased in the last 3 years
- offering price if up for sale in the last 3 year
- recent sale price of comparable properties
- a recent appraisal performed by a NYS Certified Appraiser as of
the assessment valuation date specified by law
- rental information if currently rented, or
- income/expense data for the past 3 years if commercial or
industrial property
Want more information? Visit the New York State Office of Real
Property Services Web-Site at: www.orps.state.ny.us
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