Homestead Exemption For Nc In Nassau
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In order to qualify for tax exemptions, all owners of the property must be 65 years of age or older, or if owned by a married couple, one must be 65 years of age or older.
You must own the property and have an equity interest in it. This includes houses, condominiums, co-ops, and mobile homes. Your home equity must fall within the exemption limits for your county: $179,950 for the counties of Kings, Queens, New York, Bronx, Richmond, Nassau, Suffolk, Rockland, Westchester, and Putnam.
North Carolina excludes from property taxes a portion of the appraised value of a permanent residence owned and occupied by North Carolina residents aged 65 or older or totally and permanently disabled whose 2024 income does not exceed $37,900 annually.
In Nassau County, the exemption equals 10% of the assessed value of the property.
While the specifics can vary by state, generally, homestead exemptions are only available for an individual or family's primary residence. This means you cannot claim homestead exemptions in multiple states.
If you purchased property that is your permanent residence in calendar year 2024 (or before), you may file for the 2025 Homestead Exemption through March 1, 2025. This exemption will be reflected on your Notice of Proposed Property Taxes we send out in mid-August 2025.
To apply for the Senior Citizens' Property Tax Exemption for the 2022-2023 property tax year, you must file Form RPTL 467 with the Nassau County Department of Assessment by the taxable status deadline – January 3, 2022.
