Determining the value of every property is called valuation. The Assessors are required to value property at market value. Each property is revalued every year and inspected at least once every nine years in accordance with Massachusetts law. Each year property selling prices indicate how the market values have changed in the past year. When this occurs, the Board is authorized to make interim year adjustments to reflect the market.
The next town-wide revaluation in Newbury will take place in Fiscal Year 2022. The last revaluation was this year, Fiscal Year 2017. The FY 2017 assessment records can be accessed at the Assessors' Office or here.