Real Estate Closing Information
Property-tax exemptions lower the taxes for certain properties. To determine the taxes without the exemption, multiply the full tax rate times the full assessed value.
1. Veterans Exemptions: Apply only to some levies on the General Tax Bill. (School taxes may also be reduced in school districts that have opted to offer the reduction)
2. Senior Citizen Exemptions: Apply to School and General Taxes (except for Special District Levies).
3. STAR Exemptions: Apply only to School Taxes.
When a property with an exemption is sold to a new owner not entitled to an exemption, the Department of Assessment will remove this exemption on a future tax roll, and add on “restored” taxes prorated back to the closing date. It can take up to two years for exemptions to be removed from tax bills.
Base Tax Amounts
The base tax for a levy is the tax rate/$100 multiplied by the assessed valuation. Other items such as unpaid water bills and restored taxes may appear on a tax bill. These items are not part of the base tax.
MANDATORY ($10.00) DUPLICATE BILL FEE(S) FOR PERSON(S) OTHER THAN OWNERS (i.e. Banks, title companies, Attorney’s etc.)
In order to process your payment it must include the mandatory $10.00 duplicate bill fee (separate check) for each payment, or it is deemed an incomplete transaction and will be returned for those fee(s). Under NY State Real Property Tax Law and the Administrative Code of Nassau County, the Receiver of Taxes is not permitted to accept a payment other than for the complete amount (base payment with appropriate fees and penalties that apply). If a payment is short the required amount, the Receiver of Taxes is obligated to return the transaction for correction. If the timing is such that the returned item becomes late, all appropriate fees and penalties must be added to the corrected transaction. For further information please call (516) 624-6400
N.Y. State Real Property Tax Law (RPTL), § 924.2 and State Comptroller Opinion 69-170 mandates that a non-U.S. Postal Service Postage Meter postmark (Pitney Bowes, H-Meter, Hasler, Endicia.com, Stamps.com, foreign, etc.) is not legal proof of date of mailing. The date of receipt at the collecting officer’s facility is then considered date paid; and, if after the due date, the payment must include the proper late payment penalty. If payment is received after the due date, the mailing envelope must have a U.S. Postal Service cancellation mark on or before the due date. That being said, The Receiver of Taxes recommends you bring your tax payment to any U.S. Postal Service office, wait on line, and ensure the envelope is postmarked with the applicable date.
Village taxes are collected by each individual village, if applicable. Some villages use different assessed values than the County Tax Roll. The Villages in Oyster Bay are listed below.
School District Residency
School District numbers are listed below. This code indicates which school district receives the taxes paid for a property. School district residency is determined by the New York State Education Law. Disputes about residency must be resolved with the School Districts or the State Commissioner of Education. The Town has no jurisdiction in these matters.
Re-Assessment of Property for Home Improvements
The Nassau County Department of Assessment handles all matters pertaining to the assessment of property. If home improvements are made to a property, the Department of Assessment may raise the assessment. This applies to improvements made prior to the sale of a property but not previously reported. Property is not reassessed in Nassau County simply because it is sold. Detailed information about properties is available for a small fee.
Due to staffing limitations, the tax office cannot give information over the phone. Requests for information can be faxed to (516) 624-6415 and a response will be given as soon as possible.
SCHOOL DISTRICTS in OYSTER BAY INFORMATION
Amityville U.F.S.D. #BA6 – (631) 565-6015
Park Avenue & Ireland, Amityville 11701
Includes part of Massapequa
Bethpage U.F.S.D. #21 – (516) 644-4030
Cherry Avenue, Bethpage 11714
Includes parts of Hicksville, Old Bethpage & Plainview
Cold Spring Harbor C.S.D.#11 – (631) 367-5928
Goose Hill Road, Cold Spring Harbor 11747
Includes part of Laurel Hollow
Farmingdale U.F.S.D. #22 – (516) 752-6506
50 Van Cott Avenue, Farmingdale 11735
Includes parts of Massapequa Park & North Massapequa
Hicksville U.F.S.D. #17 – (516) 732-2110
Administration Building, Division Avenue,
Includes parts of Jericho & Westbury
Jericho U.F.S.D. #15 – (516) 203-3600
Cedar Swamp Road, Jericho 11753
Includes parts of Hicksville,Old Brookville & Westbury
Locust Valley C.S.D. #3, 4, 6………….. – (516) 277-5020
Horse Hollow Road, Locust Valley 11560
Includes Bayville, Lattingtown, Mill Neck, Matinecock, Upper Brookville & parts of Brookville, Muttontown & Old Brookville
Massapequa U.F.S.D. #23 – (516) 308-5000
4925 Merrick Road, Massapequa 11758
Includes part of Massapequa Park
North Shore C.S.D. #1,2,24 – (516) 277-7815
112 Franklin Avenue, Sea Cliff 11579
Includes Glen Head, Glenwood Landing, Sea Cliff & parts of Brookville, Old Brookville & Roslyn Harbor
Oyster Bay-East Norwich C.S.D. #8,9 – (516) 624-6500
1 McCoun’s Lane, Oyster Bay 11771
Includes Centre Island, Cove Neck, Oyster Bay Cove & parts of Mill Neck & Muttontown
Plainedge U.F.S.D. #18 – (516) 922-7465
241 Wyngate Drive, North Massapequa 11758
Includes parts of Bethpage, Farmingdale & North Massapequa
Plainview – Old Bethpage C.S.D. #19,20 – (516) 937-6310
Jamaica Avenue, Plainview 11803
Includes major portions of Plainview & Old Bethpage
Roslyn U.F.S.D #NH3 – (516) 801-5030
Harbor Hill Road, Roslyn Heights 11577
Includes parts of Greenvale & Roslyn Harbor
Syosset C.S.D. #12,13,14 – (516) 364-5600
Pell Lane, Syosset 11791
Includes Woodbury, parts of Jericho, Laurel Hollow, Hicksville & Plainview
OYSTER BAY VILLAGE INFORMATION
|Oyster Bay Cove||922-1016|
Important phone numbers
Department of Assessment: 571-1500
County Clerk: 571-2660
County Treasurer: 571-2090
Town of Oyster Bay Building Dept.: 624-6200
Please note that new homeowners must notify the Town’s Receiver of Taxes and their individual village of their change in billing address in writing.
For information regarding deeds, Visit the Nassau County Clerk at: http://www.nassaucountyny.gov/
Nassau County reassessed all residential property in 2003. This affected taxes starting in 2004. Reassessment was based on the property’s market value and location. The former system, based on 1938 construction costs, was outdated. The effect on individual property’s assessment and taxes is still unpredictable. Residents should be assured that the County is in the process of developing and finalizing a plan that will appropriately meet the needs of Nassau residents.
For further information please contact The Nassau County Department of Assessment.
NEW YORK STATE EXEMPTION CODES
|12350||PUBLIC AUTHORITY – STATE|
|13870||SPEC DIST USED FOR PURPOSE EST|
|13970||REGIONAL OTB CORPORATION|
|14000||LOCAL AUTHORITIES SPECIFIED|
|14110||USA – SPECIFIED USES|
|14200||FOREIGN GOVT – EMBASSY|
|18020||MUNICIPAL INDUSTRIAL DEV AGENC|
|18040||URBAN REN: OWNER-MUNICIPALITY|
|21600||RES OF CLERGY – RELIG CORP OWN|
|25120||NONPROF CORP – EDUCATIONAL|
|25210||NONPROF CORP – HOSPITAL|
|25230||NONPROF CORP – MORAL/MENTAL IM|
|2530_||NONPROF CORP – SPECIFIED USES|
|26400||INC VOLUNTEER FIRE CO OR DEPT|
|27350||PRIVATELY OWNED CEMETERY LAND|
|28100||NOT-FOR-PROFIT HOUSING CO|
|4110_||VETS EX BASED ON ELIGIBLE FUND|
|4112_||ALT VET EX-WAR PERIOD-NON-COMB|
|4113_||ALT VET EX-WAR PERIOD-COMBAT|
|4114_||ALT VET EX-WAR PERIOD-DISABILI|
|4116_||COLD WAR VETERAN|
|4117_||COLD WAR VETERAN DISABILITY|
|4168_||VOLUNTEER FIREFIGHTERS AND AMB|
|4168_||VOLUNTEER FIREFIGHTERS AND AMB|
|4180_||PERSONS AGE 65 OR OVER|
|4193_||DISABILITIES AND LIMITED INCOM|
|4411_||FIRST-TIME HOMEBUYERS – NEW CONSTRUCTION|
|46450||INC ASSN OF VOLUNTEER FIREMEN|
|4760_||BUSINESS INV. PROPERTY|
|4866_||HOUSING DEVELOPMENT FUND CO|
|4867_||REDEVELOPMENT HOUSING CO|
|49530||INDUSTRIAL WASTE TREATMENT|