Assessor's Office

Frequently Asked Questions

What are the tax rates for Residential and Commercial property?  

For the fiscal year 2010 the residential rate is $12.54 per $1000 of assessed valuation. The commercial rate is $28.67 per $1000 of assessed valuation. Properties are assessed at full market value.

How much is the Residential Exemption?

It reduces the assessed value on your residence by $80,403
This equates to $1,008.26 in taxes for the fiscal year 2010. 

What are the requirements for the Residential Exemption?

As of Jan 1st - 1) You must own your residence 2) it must be your legal residence 3) if your property is in a Trust you must be a Trustee of that Trust.

When are tax bills due?

The first payment is due August 1, second payment is due November 1, third payment is due February 1
and the fourth payment is due May 1.


 
 
 

© 2001 City of Waltham, MA.   All Rights Reserved.   This page was last updated November 28, 2001.