Middle Neck News

Middlesex County Board Weighing Reassessments

The Middlesex County Board of Supervissors (MCBS) has been encouraged by County Administrator Matt Walker to seek a real estate tax reassessment “as soon as possible.” Southside Sentinel reports since the last assessment the county’s real estate value ratio of what land and homes are actually worth according to sales compared to assessed values currently used to collect real estate taxes is at a 77.8% ratio. It should be at 90% or above. Real estate sales in some areas of the county skyrocketed during the main period of the COVID-19 pandemic. The last real estate reassessment went into effect Jan. 1, 2022 and the reassessment was per – formed throughout 2020-2021 years. Most of the numbers used in that reas sessment were before the real estate spike came with COVID-19.

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