We hope you’re having a fun, memorable summer and are looking forward to the cooler days that lie just ahead. Because September – the kick-off of the 2026/27 tax grievance season – will soon be upon us, it’s time for an update on what’s new in the world of Nassau County property taxes.
Expect to Hear from Maidenbaum Soon
September 1st is the first date in 2024 that you can authorize Maidenbaum to handle your 2026/27 Nassau County tax grievance, so get ready to receive an email from us that will contain instructions on how to sign up. Naturally, you’ll only get this email if you’re already a Maidenbaum client or have inquired recently. (Tip: it’s always a smart move to have Maidenbaum handle your grievance, so click on the Get Started link right now!)
If you’re already a Maidenbaum client (or once you’ve signed up), we strongly suggest bookmarking our handy client portal at: https://clientportal.mptrg.com to stay “in the loop” with real time status updates concerning your property tax grievance proceedings.
Farewell to TPP (and Hello, Higher Property Tax Bills)
A big change coming up for the upcoming tax year’s bills is that the TPP — known as the “Taxpayer Protection Plan” and also as RPIA (Reassessment Phase-In Act of 2020) is coming to an end and will no longer be an exemption for Nassau County homeowners. If you’ll recall, the TPP/RPIA was passed during COVID to lessen the impact of the 2020/21 property tax reassessment. With the TPP/RPIA expiring, Nassau County homeowners will now likely have to face higher property tax bills.
Property Taxes Are Rising Everywhere (but especially here!)
A recent CBS news article quantifies the extent to which property taxes are rising across the USA. According to the article, “Homeowners saw their property taxes increase an average of 4.1% over that period, according to an analysis of more than 89 million single-family homes, by ATTOM Data Solutions, a provider property data. That translates to a typical tax bill last year of $4,062, up from $3,901 in 2022.”
Unfortunately, Nassau County has the dubious distinction of being among the counties where property taxes regularly top $10,000. Nassau County’s average annual $13,059 property tax bill is only exceeded by Essex County, New Jersey ($13,145) and Bergen County, New Jersey ($13,112).
And then there’s home insurance…
As if the prospect of paying high residential property tax bills isn’t scary enough, a recent article in Newsday quoted a Long Island insurance analyst who predicted that home insurance policy rates on Long Island are expected to rise about 10 percent, with some homeowners seeing up to 30 percent increases in the near future. The culprit? Climate change. As the analyst noted, “Looking out on Long Island, rates there are going to be some of the highest in (New York) state and above the national average. A lot of that has to do with the weather risk in the area, with severe weather events becoming more frequent and severe under climate change.”
The Good News: Maidenbaum Has Your Back!
While the above news might seem a bit glum, the good news is that Maidenbaum — your stalwart ally in the continuing battle against high property taxes — has your back. Grieving your assessment is your right and it’s smart to exercise it, especially in this era of rising homeownership costs. Remember: there’s zero downside to grieving. There’s no chance that the County will increase your property’s assessment simply because you filed a grievance. Filing a property tax grievance can only result in a reduced assessment or an assessment that stays the same.
If you’d like to sign up or simply learn more about how the process works, please contact us today via our website or by phone at 516-336-8622.
Don’t miss out on your chance to save!