Nashua NH real estate taxes and assessments

Find answers to commonly asked questions about Nashua NH property taxes, Nashua NH property tax assessments, Nashua NH real estate tax rates and more.

From the City of Nashua NH website.

What is the 2010 tax rate?  2010 tax rate is $20.40 per thousand dollars of assessed property value.   Go to Nashua Tax Rate History  to access prior year's tax rates.   

When does the tax year begin and end?  The tax year begins April 1st and ends on March 31st.

When are the taxes due?  The City of Nashua bills for property taxes semi-annually.  Tax bills are generally due in July and December.  July's bill is due July 1st and is estimated based on July's assessment multiplied by 50% of the prior year's tax rate.  The final bill, using the actual tax rate for the year multiplied by December's (final) assessment, is due in December.  The due date is 30 days from the date the tax bills are mailed. 

How is an assessment determined? The Assessor's Office studies the market and collects information about properties to estimate the fair market value. Please remember that the Assessor’s Office does not determine the total amount of taxes collected.  It is the Assessor’s responsibility to find the fair market value of your property so that you may pay only your fair share of the taxes.  The amount of taxes you pay is determined by a tax rate applied to your property’s assessed value.  The tax rate is based on the funds needed to provide the services included in the approved city budget.  Each year, sometime in October, this tax rate is set and it is reflected on the final tax bill which is due sometime in December.

What if I think my tax assessment is higher than the fair market value?  Taxpayers who believe their property is over-assessed should view the assessment data to verify accuracy.  Property ownership as well as assessment data including such things like building square footage, age, acreage and assessment, along with a sketch of the structure(s) can be viewed at Assessment Data.    If a property is listed with incorrect data, this could cause an incorrect assessment.  If the data is correct and the taxpayer still believes the assessment is too high, s/he may apply for a property tax abatement.  It is in the abatement form any discrepancies in the data should be noted.  The time period to file an abatement for 2011 is after you receive your final property tax bill and by March 1 of 2012.  It would be necessary to provide evidence of over-assessment, such as a market value appraisal of your property as of April 1, 2011.  If it is determined the assessment is at a higher ratio to market value than other properties in the City, an abatement would be granted, however if the level of assessment is at the same level of other properties in the City, then no adjustment would be appropriate and the abatement may be denied.  Forms will be available here or in the Assessing Department after the final tax bill is mailed, sometime in November, 2011.  For more information, see our web site Abatements.   

What if I miss the deadline to file for an abatement?  If you miss the March 1st filing deadline with the City of Nashua, no action can be taken for the current tax year.  However, you may request a "spring review" in which the Assessing Department will review your property value for the following tax year.

How can I change the mailing address on my tax bill?   A request to change the mailing address on a tax bill must be submitted in writing and signed by the property owners.  When writing in, please identify the property location and where the new mailing address is.  Change of Address Form. Your mailing address change can be faxed to the Assessing Department at 603-589-3079 or mailed to: Assessing Department, 229 Main Street Nashua NH 03060.

What type of tax exemptions/tax credits are available in the City of Nashua and what are the qualifications?   Please refer to our Web page that lists exemptions and credits.

When were the assessments last updated in Nashua?   The City of Nashua updated assessments in 2004, 2005, 2007 and last in 2009.  We intend to update assessments again in 2012, with the change reflected in the final property tax bill. 

What is the 2010 State of N.H. Department of Revenue Administration’s valuation ratio for state education funding purposes for Nashua?   101.7%.    The 2011 ratio will not be known until sometime in March 2012.

And of course for all of your Nashua NH real estate needs, contact the Nashua NH real estate agents  at Brin Realty Group.