What is the Equalization Rate (ER)?
The Equalization Rate (ER) is the State of New York’s measure of a municipality’s level of assessment – it is a multiplier used to equalize assessed value into market value. In other words, by applying the equalization rate to the assessed value you will get an estimate, based on the Town's records, of the current market value of the property. Note that this is not necessarily what your house would sell for in a particular housing market.

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1. What is the Residential Assessment Ratio (RAR)?
2. What is the Equalization Rate (ER)?
3. What is my assessed value and/or land value?
4. How can I convert my assessed value to market value?
5. How are property assessments calculated?
6. How does a property get a house number assigned?