Newfields Tax Assessor: Rodney B. Wood
The Town of Newfields has a yearly contract with R.B Wood & Associates, LLC for professional assessment services. The company provides the Town of Newfields the following services:
- The measuring, listing and valuation of new or newly modified properties
- The establishment of values for all parcels
- Annually, 20% of the total taxable property within the Town will be reviewed and updated if necessary.
- Revaluations are done every 5 years.
- The last revaluation was done in 2013 and the next scheduled revaluation will be in 2018.
The Assessor assists the Town with the following functions:
- Current Use Assessments
- Calculation of Land Use Change Taxes
- Calculation of Timber Yield Taxes
- Calculation of Gravel Taxes
- Process applications for exemptions
- Review requests for abatements and offer advice to Board of Selectmen
- Provide review and consultations as required for taxpayers and the Board of Selectmen.
The Tax Assessor has office hours the first Tuesday of each month at the Newfields Town Office. If you wish to make an appointment to meet with the Assessor please contact the town office at 603-772-5070.
Property Tax Exemption Application (PA-29)
Elderly Exemption-RSA 72:39
Must be 65 years of age on or before April 1st of year for which exemption is claimed
Must be a NH resident for three consecutive years preceding April 1st in the year the exemption is claimed
Property must be owned by a resident; or owned by a resident jointly or in common with the resident’s spouse, either of whom meets the age requirement for the exemption claimed; or owned by a resident jointly or in common with a person not the resident’s spouse, either of whom meets the age requirement.
Property cannot have been transferred to the applicant from a person under the age of 65, and related to the applicant by blood or marriage, within the preceding five years.
Property must meet the definition of residential real estate, per RSA 79:39-a(c), which is the person’s principal home.
Income Limits: Single $36,000, Married $48,000-Includes income from any source including Social Security or pension
Asset Limits: Single $150,00, Married $150,000-Includes the value of assets, tangible and intangible. Does not include the value of home and 2 acres.
Elderly Exemption 65 years of age and older: $200,000 deducted from the amount of the property owner’s total assessed value prior to the calculation of tax due.
Elderly Exemption Worksheet
Solar Energy Systems Exemption-RSA 72:61
Any person owning real property equipped with a solar energy heating or cooling system as defined in RSA 72:61.
Exemption is deducted from the assessed value of the property which is equipped with solar energy intended for sole use at the immediate site.
Exemption shall be in the amount equal to 100% of the assessed value of qualifying solar energy equipment.
Disabled Exemption-RSA 73:37
Any person eligible under the Federal Social Security Act for benefits to the disabled, and who has been a NH resident for at least five by April 1st of the year the exemption is claimed
Income Limits: Single $13,400, Married $20,400-Includes income from any sourceincluding Social Security or pension
Asset Limits: Single $100,000, Married $100,000-Includes the value of assets, tangible and intangible. Excludes the value of the property owner’s residence.
Disabled Exemption is $80,000 deducted from the amount of the property owner’s total assessed value.
Veteran’s Tax Credit-RSA 72:28
Every resident in the U.S. who served not less than 90 days in the armed forces in any of the qualifying wars or armed conflicts, as listed in RSA 72:28, and was honorably discharged; or the spouse or surviving spouse of such resident. ‘Under Honorable Conditions’ does not qualify.
$500 is subtracted from the taxes due on the applicant’s residential property occupied as veteran’s principle place of abode.