{"id":1275,"date":"2020-10-21T13:48:00","date_gmt":"2020-10-21T19:48:00","guid":{"rendered":"https:\/\/www.tax.newmexico.gov\/individuals\/?page_id=1275"},"modified":"2023-05-10T11:45:33","modified_gmt":"2023-05-10T17:45:33","slug":"property-tax","status":"publish","type":"page","link":"https:\/\/www.tax.newmexico.gov\/individuals\/personal-income-tax-information-overview\/property-tax\/","title":{"rendered":"Property Tax"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.16″ _module_preset=”default” background_repeat=”round” custom_margin=”0px||||false|false” custom_padding=”0px||0px|||” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_stops=”#ffffff 0%|#dedede 100%” background_color_gradient_start=”#ffffff” background_color_gradient_end=”#dedede ” width_last_edited=”off|desktop” custom_margin=”0px||||false|false” custom_padding=”4px||4px||true|false” background_color_gradient_stops_tablet=”#ffffff 0%|#dedede 100%” background_color_gradient_stops_phone=”#ffffff 0%|#dedede 100%” border_width_all=”1px” border_color_all=”#c9c9c9″ global_module=”210″ saved_tabs=”all” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_dmb_breadcrumbs font_icon=”%%20%%” home_icon=”%%236%%” use_home_text=”on” home_text=”Individuals” use_home_url=”on” home_url=”\/individuals\/individuals\/” _builder_version=”4.16″ _module_preset=”default” body_text_color=”#282728″ separator_text_color=”#282728″ link_text_color=”#000000″ custom_padding=”0px||0px|15px|false|false” global_colors_info=”{}”][\/et_pb_dmb_breadcrumbs][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” padding_top_bottom_link_2=”false” _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_blurb title=”Explore Section & Events” use_icon=”on” font_icon=”||divi||400″ _builder_version=”4.16″ _module_preset=”7b5e95ba-231a-438c-8dd9-6676746c29e6″ link_option_url_new_window=”on” global_colors_info=”{}”][\/et_pb_blurb][et_pb_sidebar area=”et_pb_widget_area_2″ _builder_version=”4.16″ _module_preset=”50d7f88b-470d-49c8-b370-96c4a9bca4df” saved_tabs=”all” global_colors_info=”{}”][\/et_pb_sidebar][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.16″ _module_preset=”default” background_color=”#ffffff” custom_padding=”|20px||20px|false|false” global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ _module_preset=”default” global_colors_info=”{}”][et_pb_post_title meta=”off” _builder_version=”4.16″ _module_preset=”default” title_font=”|300|||||||” title_font_size=”50px” title_letter_spacing=”-3px” global_colors_info=”{}”][\/et_pb_post_title][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

Owners of real property and manufactured homes are required by\u00a0<\/span>Section 7-38-8 NMSA 1978<\/a><\/strong>\u00a0<\/span>to declare no later than the last day of February of each year certain changes in value of their property occurring within the prior calendar year. Property is valued as of January 1 of each year.<\/p>\n

By around April 1 of each year, County Assessors mail Notices of Valuation as required by\u00a0<\/span>Section 7-38-20 NMSA 1978<\/a><\/strong>. The notice informs homeowners of the full value and net taxable value of their property for that year. The net taxable value on the notice is the basis of a tax bill mailed from the county treasurer\u2019s office later in the year.<\/p>\n

Exemptions are available for qualifying homeowners. If a homeowner disagrees with a property valuation, remedies are available\u00a0as described under\u00a0<\/span>Section 7-38-21 NMSA 1978<\/a>.<\/strong><\/p>\n

View more information about Property Tax Division<\/a><\/strong>.<\/p>\n

Click on the link to locate contact information for your\u00a0<\/span>County Official<\/a><\/strong>.<\/p>\n

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Owners of real property and manufactured homes are required by\u00a0Section 7-38-8 NMSA 1978\u00a0to declare no later than the last day of February of each year certain changes in value of their property occurring within the prior calendar year. Property is valued as of January 1 of each year. By around April 1 of each year, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1238,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-1275","page","type-page","status-publish","hentry"],"yoast_head":"\nProperty Tax : Individuals<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tax.newmexico.gov\/individuals\/personal-income-tax-information-overview\/property-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Property Tax : Individuals\" \/>\n<meta property=\"og:description\" content=\"Owners of real property and manufactured homes are required by\u00a0Section 7-38-8 NMSA 1978\u00a0to declare no later than the last day of February of each year certain changes in value of their property occurring within the prior calendar year. 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