Assessor

Annual Business Personal Property Inspections

The Lexington Board of Assessors announces the beginning of our annual inspection process to confirm and/or update the Town’s database of all taxable business-based Personal Property. This data will apply to the Fiscal Year 2025 assessment. Generally, taxable Business Personal Property items are the (non-real estate) business components such as inventory, furniture & fixtures, and equipment & machinery utilized by companies in their sales of goods and services.

Details of the governing law (Chapter 59) may be found on the Massachusetts Division of Local Services (DLS) Frequently Asked Questions

The Lexington Board of Assessors has once again retained the services of Real Estate Research Consultants, Inc (RRC). RRC personnel will conduct interior inspections of all known businesses in order to view various Business Personal Property. Most inspections are brief, usually requiring just a few minutes. All RRC personnel will wear Town of Lexington ID badge and carry written statements describing their activities.

This announcement is primarily intended to inform corporations, retail shops, and business offices of the Town’s intent to have RRC personnel visit all Lexington places of business during normal business hours -- without appointments -- during December, 2023 & January, 2024.

Any questions regarding these inspections may be directed to the Assessor’s Office at (781) 698-4578. The Lexington Board of Assessors thanks you for your cooperation!

Description of Services

Our office is located on the First Floor of the Town Office Building,1625 Massachusetts Avenue. See Town Office Building Accessibility Information.

The Assessing Office's primary function is the assessment of full and fair market values (in accordance with Massachusetts General Laws and regulations) of all real and personal property in Lexington to equitably allocate Lexington's annual tax levy among Lexington taxpayers, and the evaluation of any applications for abatement of such property.

View the Assessed Values in Street Order:

     Fiscal Year 2024 Lexington Residential Assessed Values in Street Order (PDF)

     Fiscal Year 2023 Lexington Residential Assessed Values in Street Order (PDF)

The Assessor is responsible to improve the computer-assisted-mass-appraisal databases of real and personal property, to annually re-value all such property based on market changes, and to submit all data for a re-certification review done by the Massachusetts Department of Revenue every five years.

Other significant duties include: 

  1. administration of motor vehicle excise tax abatement, and 
  2. determination of taxpayer eligibility for deferral of (or exemption from) property taxes, and the Community Preservation Act surcharge

The Assessor is appointed by the Town Manager and supervised by the Assistant Town Manager for Finance.

On a three-year revolving basis, the Town Manager appoints a three-member Board of Assessors to review requests for abatements, approve tax exemptions, and provide policy guidance regarding the operations of the Assessor's Office.

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