What characteristics are typically expected of properties documented within the Omitted Assessment list?

Properties documented within the Omitted Assessment list are specifically those that have been completely missed in assessments. This means that for one reason or another, these properties were not included in the tax assessment process and, as a result, did not receive a property tax valuation. The purpose of the Omitted Assessment list is to ensure that all taxable properties are accounted for in the tax rolls, thereby promoting fairness and accuracy in property taxation.

The characteristics of properties on this list can vary widely and are not solely defined by their construction status, improvements, or unit type. For instance, they can include both improved and unimproved properties, newly constructed or established ones, and can certainly encompass single-family homes as well as multi-unit dwellings. What unites them is that they were overlooked in prior assessments, necessitating their inclusion to rectify tax records and ensure that the property taxes reflect the actual number of taxable entities within the municipality.