Town of Newstead

Town Assessor

General Information



Land Values

2007-2010
Land Value

2007-2010 Land Value
 North of Route 5South of Route 5Rt.5Davison/ Crego
1st acre30,00030,00050,00040,000
2nd-5th4,5004,5004,5004,500
6th–15th3,5003,5003,5003,500
16th–30th2,7502,7502,7502,750
31st +1,8001,8001,8001,800
TillableGood soil – 1800Normal soil – 1500Poor soil – 1200
PastureGood soil – 1200Normal soil – 1000Poor soil – 800
Woodland2000 for all areas
Wasteland800 for all areas
Rear300 for all areas
Wetland300 for all areas (must be classified by DEC or Army Corps of Engineers)

These values are for those properties with no other influences such as easements, power lines, extreme wetness or flooding, etc.


Parcel Count and Total AV

Parcel Count and Total AV
2007
NewsteadAkron
3,190 parcels1,137 parcels
$427,347,634$175,274,758
(total assessed value)(total assessed value)

Assessments are based on . . .

  • Neighborhood Code
    (not necessarily on your street)
  • Property Class
    (210 = single family home, 220 = two family home)
  • Building Style
    (ranch, colonial, cape cod, raised ranch, etc)
  • # of Bedrooms
  • # of Bathrooms
    (with a shower is considered a full bath)
  • Fireplace
    (or a wood burning stove)
  • Any additional structures on the property
    (decks, sheds, barns, etc.)
  • Land size and type
    (wetlands, pasture, wooded, etc)

All this information is compared to homes that have sold in the Town of Newstead in a three year period. Adjustments are made to the selling price for any differences between the property being assessed and the ones which sold that are being used as a comparison.

Some sales are considered invalid if there was a special circumstance to the sale. Sales between relatives, estate sales, divorce settlements, bank foreclosures, etc. are not considered useable. The selling price of these sales does not reflect true market value.

It is important to keep the assessment department up to date with the inventory on your home. The assessment can only be as accurate as the information we have!