Related Resources and Information
Tax Rate History
A history of Fiscal Year tax rates in Watertown beginning with Fiscal Year 1955 to the present.
Tax Rate History (PDF)
Personal Property Tax Information
In general, all tangible business / personal property situated in Massachusetts is taxable unless expressly exempt. The tax is levied on the value (cost new less depreciation) of machinery, equipment and tools, inventory (stock and trade), furniture, and fixtures.
Residential Property Sales in Watertown
Fiscal 2019 property assessments are based on an analysis of calendar 2017 property sales as well as a review of sales that occurred during the first six months of calendar 2018.
Property Tax Deferral Instructions and Application
You may be eligible to defer payment of all or a portion of the taxes assessed on property you own and occupy as your domicile if you meet certain age, ownership, residency, and income qualifications, and enter into a tax deferral agreement with the Board of Assessors.
Property Tax Deferral Instructions (PDF) - Tax Deferral Application (PDF)
Abatement Application and Instructions
If you feel that you have a legitimate claim to a reduction in your assessment, you must apply for an abatement. For Fiscal Year 2020, the abatement application period ends Monday, February 3, 2020.
As used in the context of real estate taxes, an exemption is a release from the obligation to pay all or portion of the taxes assessed on a parcel of property. An Exemption Application must be filed with the Assessor each year within three months of the mailing date of the actual tax bill.
The Circuit Breaker Credit
Exemptions Applications & Forms
- Blind Exemption (PDF)
- Elderly Instructions to Exemption (PDF)
- 100% Disabled Veteran (PDF) - Partially Disabled Veteran (PDF)
- FY19 Residential Exemption Application