South Jamaica Property Taxes — 2026 Guide for Homeowners & Buyers
Source: NYC Department of Finance FY2024–2025
$6,700
Est. Annual Property Tax
$558/mo
Monthly Tax Escrow
How Property Taxes Work in South Jamaica
South Jamaica is located in Queens County, New York City. NYC calculates property taxes based on the assessed value of your home, which is different from market value.
In New York City, Class 1 residential properties (1–3 family homes) are assessed at 6% of market value, then taxed at NYC's composite Class 1 rate. For a {mp} home in {n}, this results in an estimated annual tax of {fmt_price(hood['tax_annual_est'])} — an effective rate of approximately {hood['tax_rate_pct']}%.
Property Tax Exemptions Available in South Jamaica
New York City offers several exemptions that can significantly reduce your tax bill:
- STAR (School Tax Relief): Basic STAR available to homeowners earning under $500K/year; Enhanced STAR for seniors 65+ earning under $98,700. Saves $300–$1,500/year.
- Veterans Exemption: Eligible veterans can receive a reduction in assessed value
- Senior Citizen Exemption: Income-qualified seniors 65+ may receive up to 50% assessment reduction
- Disabled Persons Exemption: For qualifying disabled homeowners
Apply for STAR at NYS Department of Taxation.
Appealing Your Assessment
If you believe your home is over-assessed, you have the right to appeal. In New York City:
- File with NYC Tax Commission by March 15 (Class 1 properties)
- Provide evidence of market value: recent appraisal or comparable sales
- Applications available at NYC Tax Commission
Property Tax vs. Neighboring Municipalities
South Jamaica's effective tax rate of 0.88% compares favorably to neighboring areas. NYC's tax structure generally results in lower effective rates than suburban Nassau/Suffolk counties, though NYC also imposes additional local taxes.
Fair Housing Notice: Gadura Real Estate LLC is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. All real estate advertised herein is subject to the Federal Fair Housing Act.
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