Notice of Property Value (NOPV)
NYC DOF describes the NOPV as the annual notice that provides assessment details for the upcoming tax year and is the starting point for understanding assessed value drivers and filing challenges. It reflects DOF's view of property condition as of a fixed "tax status" date used for the July 1 tax year.
- Where it applies
- New York City
- When it comes up
- Annual assessment cycle; appeals calendar
- Property types
- NYC assets
Property Tax and Assessment (NYC)
- (ORPTS)
- Assessed Value (NYC)
- Assessment Ratio (Level of Assessment)
- Equalization Rate
- Market Value (NYC Assessment Context)
- Tax Class (NYC)
- Taxable Value (NYC)
- Transitional Assessed Value
General information, not legal, tax or financial advice.