The City Council of the City of Newburgh encourages property
owners of single- and two-family residential dwelling to invest in
improvements to one- and two-family buildings used solely for residential
purposes by providing an exemption from general municipal taxes pursuant
to § 421-f of the Real Property Tax Law of the State of
New York.
As used in this article, the following terms shall have the
following meanings:
RESIDENTIAL BUILDING
Any building or structure designed and occupied exclusively
for residential purposes by not more than two families.
Any exemption pursuant to this article shall be granted only
upon application by the property owner on a form prescribed by the
State Board of the Office of Real Property Tax Services. The application
shall be filed with the Assessor of the City of Newburgh on or before
the taxable status date of March 1 to be eligible for an exemption
to be entered on the assessment roll prepared on the basis of said
taxable status date.