M Delury posted on February 19, 2012 07:20
If you call your assessment Department in your village and they tell you what the Land and Building assessments are you have to know the rate which calculates it to F.M.V. ( Fair Market Value).
Here is the formula: We will show an example assuming a 10,000 Assessed Value in the various markets. You can use your own home to calculate your own.
In Villages such as: Rate Assume F.M.V.
Rockville Centre .0142 10,000 $704,225
Lynbrook .0656 10,000 $152,439
Valley Stream .0164 10,000 $609,756
East Rockaway .0201 10,000 $497,512
Long Beach .0400 10,000 $250,000
Lawrence .0025 10,000 $4,000,000
Malverne* .0156 10,000 $641,025
NOTE : ATTACHED IS THE MALVERNE VILLAGE TAX ROLL WHICH IS ON THE WEB SITE AS WELL.