Personal Property & Other Information

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.

State Tax Form 1 - Assessors Notice FY26 (PDF)
Form of List FY26 (PDF)
Personal Property FAQ (PDF)

Residential Property Sales in Watertown

Fiscal 2025 property assessments are based on an analysis of calendar 2023 property sales as well as a review of sales that occurred during the first six months of calendar 2024.

Single Family Sales (PDF)

Multi Family Sales (PDF)

Condominium Sales (PDF)

Abatement Information

Please refer to the Property Tax Abatement Instructions (PDF) for information on the abatement period and process.