Town of Somerset

About Your Assessment

The Town of Somerset is currently assessing at 98% of market value. This means that your assessment reflects the assessor's opinion of what your property would sell for as of valuation date July 1st, 2014.

The assessor makes this determination by comparing your property to similar properties that have recently sold. This determination is assisted by a software program that employs both a cost approach and sales approach to determine the value of the subject property relative to the comparable sales.