Monroe County, NY — Property Tax Underwriting Guide
New York · Annual market review
What this means for multifamily underwriting
Rochester is an emerging multifamily market with moderate effective rates.
Transaction type breakdown
Monroe County municipalities assess annually. The City of Rochester and surrounding towns each have their own assessors. Sale prices are used as market evidence in annual reviews.
Refinance does not affect assessed value.
Ownership transfer is market evidence at the next annual review.
Tax appeal information
17.0 mill placeholder is a mid-county estimate for Monroe.
Guide review
County guidance last reviewed: June 15, 2026
Tax-rate scope: Tax-rate scope is not established as parcel-specific; confirm the parcel's taxing-authority stack.
Official sources: Monroe County Assessment
Annual-market model is directionally accurate; millage is a county-level estimate.
Parclio estimates are underwriting guidance, not legal or tax advice. Always verify millage rates, the seller's assessed value, and appeal deadlines with the county assessor or local counsel before relying on these numbers for a credit decision.
Run a tax reset estimate for Monroe County
Use Parclio's estimator to model the post-closing tax bill, NOI impact, DSCR change, and underwriting memo language for your next Monroe County deal.