Tax Assessment

The Tax Assessors' Office functions under the laws of Rhode Island, ordinances established by the New Shoreham Town Council and decisions of the Town of New Shoreham Board of Assessors. According to RI General Law, all property subject to taxation shall be assessed as of each December 31st. New Shoreham's real property is assessed at 80% of Fair Market Value.

Revaluation

The Town of New Shoreham has hired Vision Appraisal to complete its state-mandated statistical revaluation program. The reassessment project will establish market value as of December 31st, 2018 and will be reflected in the tax bills issued in the summer of 2019.

Assessment Database

Real Estate assessment values for the Town of New Shoreham are hosted on the Vision Appraisal website.

Important Dates and Deadlines

  • January 31 Deadline for filing Tangible Annual Return
  • June 15 Certification of Tax Roll
  • November 15 Deadline for filing appeals for Real Estate and Tangible Tax
  • December 31 Deadline for applications for Senior, Veteran and FFOS exemptions
  • December 31 Assessment date

Motor Vehicles

Motor vehicles are assessed at the book value which is researched and determined by the Rhode Island Vehicle Value Commission. Values are pro-rated based upon the number of days during the previous calendar year that the vehicle had an active Rhode Island registration. If a registration is not cancelled and plates returned to the Division of Motor Vehicles, then a vehicle is subject to taxation until the registration expires. Motor vehicles older than fifteen years are no longer taxed.

Tangible Personal Property

Businesses must declare the value of their furniture, fixtures and equipment (known as tangible property) on an annual basis between December 31st and January 31st.

Exemptions

The Town of New Shoreham administers property tax exemption programs for Seniors, Veterans, and Farm, Forest, and Open Space. Forms must be filed by December 31st.

Appeals

Appeals and requests for abatement of property tax must be filed with the local office of tax assessment within 90 days from the date the first tax payment is due.