posted on: 11/1/2018; updated: 11/3/2018

Notification of changes to the City of Dover's assessed valuation for the 2018 tax year have been mailed this week to all property owners.

The city's overall assessed valuation for the 2018 tax year increased by more than $312 million, or 9.7 percent, to $3.526 billion. Much of this increase is attributed to a robust home seller’s market and continuing appreciation in residential value, as well as an increase in commercial, industrial and utility valuations. The combination of new construction and general property appreciation from recorded sales activity, overall residential valuations increased by approximately 9.4 percent and commercial, industrial and utility valuations increased by 10.6 percent. As a result, residential properties now make up 74 percent of taxable value, and commercial, industrial and utility properties comprise 26 percent.

Property owners are encouraged to review the updated valuation information, as well as property record cards, and contact the Tax Assessing Office with questions or for additional information.

Property record cards and other tax assessing information can be accessed in the Tax Assessing Office, located on the first floor of City Hall, during regular business hours, Monday through Thursday, 8:30 a.m. to 5:30 p.m., and Friday, 8:30 a.m. to 4 p.m. Property information can also be accessed through the city’s website at https://go.usa.gov/xPVjr.

Updated property valuations now available

posted on: 11/1/2018; updated: 11/3/2018

Notification of changes to the City of Dover's assessed valuation for the 2018 tax year have been mailed this week to all property owners.

The city's overall assessed valuation for the 2018 tax year increased by more than $312 million, or 9.7 percent, to $3.526 billion. Much of this increase is attributed to a robust home seller’s market and continuing appreciation in residential value, as well as an increase in commercial, industrial and utility valuations. The combination of new construction and general property appreciation from recorded sales activity, overall residential valuations increased by approximately 9.4 percent and commercial, industrial and utility valuations increased by 10.6 percent. As a result, residential properties now make up 74 percent of taxable value, and commercial, industrial and utility properties comprise 26 percent.

Property owners are encouraged to review the updated valuation information, as well as property record cards, and contact the Tax Assessing Office with questions or for additional information.

Property record cards and other tax assessing information can be accessed in the Tax Assessing Office, located on the first floor of City Hall, during regular business hours, Monday through Thursday, 8:30 a.m. to 5:30 p.m., and Friday, 8:30 a.m. to 4 p.m. Property information can also be accessed through the city’s website at https://go.usa.gov/xPVjr.

The Tax Assessing Office can reached at 516-6014.

The updated assessed valuation for the city will be used by New Hampshire Department of Revenue Administration to determine the city's tax rate. The DRA is expected to finalize the tax rate this month, before tax bills are mailed to all property owners. The first half of the tax bill is due in December.