On , the department of finance released a new application status tool for property owners to check the status of their property tax benefit applications. The lookup tool, at www. nyc. gov/exemptionstatus, will also allow new yorkers to request more information if their applications are incomplete. Look up information about a property, including its tax class and market value. View your property tax bills, annual notices of property value (nopv), and other important statements. Apply for tax exemptions and see which exemptions you already receive.
Your property tax rate is used to determine the tax you owe and is based on your tax class. Rates are set annually by the new york city council, usually in november. The city council adopted new property tax rates for the tax year that began on , and ends. In new york city, property tax represented 44% of all the city tax dollars collected in fiscal years 2024, which ended on. This chart shows how all city tax dollars were spent. You will receive a property tax bill if you pay the taxes yourself and have a balance. The new york city department of finance (dof) is currently mailing out the second half, or third quarter, property tax bills for the 2024/25 tax year. These bills, dated , are for payment due on.
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